Six Northern cities have seen dramatic rises in mortgage searches, new analysis [1] has revealed. Leeds, Bradford, Manchester, Liverpool, Sheffield, and Newcastle now account for almost 11% of all mortgage search activity, up by two-thirds on last year. Indeed, activity in these six cities is up 29.5% as a proportion of all searches.
The figures suggest that more buyers, especially first-timers, may be considering more affordable housing options outside London.
[1] Twenty7tec, 2024
🚨 Data accurate as of the date of publication – 02.12.2024
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Source: Quilter Financial Planning – Essentially Mortgages Q4 2024
