As the average age of first-time buyers continues to rise - the latest figures suggest…
Sunday 22nd March marks Mother’s Day in the UK. A survey by GlobalData estimated £1.6 billion was spent celebrating this day in 2019, that’s the equivalent to just over 6,800 average-priced homes.
At current prices, £1.6 billion purchases over 8,400 terraced or 4,400 detached properties. In London, this would purchase 1,723 detached houses, or in Wales 14,000 apartments.
Coincidentally, a similar sum, just over £1.6 billion, was collected from the 3% second home levy across England in 2019.
Whether it’s your mum or someone special you’ll be celebrating or remembering this Sunday, here’s hoping some sunshine adds some warmth to your day during these uncertain times.