
With a
greater sense of optimism in the air, lowering mortgage rates, and a compelling choice of properties to entice you, the UK property market is feeling good. A New Year always brings new trends, fresh ways of buying, interesting properties, and a fresh influx of home movers. Now is a good time to open your mind to the endless possibilities.
Mortgage rates are falling below 4%
With sub-4% mortgage rates making a welcome appearance on the mortgage market, home movers are excited and relieved.* For many years, mortgage rates were unrealistically low, and this has created the perception that today’s rates are higher than they actually are. Mortgage rates will not in the foreseeable future return to super-low levels, and those who know this are making their moves and getting increasingly better deals. After all, you can always change your mortgage deal in a couple of years. Mortgage Services are carried out by our partner,
Embrace Financial Services, who have helpful, qualified mortgage advisers available who can tell you how much you can borrow and what the costs are. **
Homes finding new owners
More buyers means more sellers, and all bring their properties to the market at some point, for you to buy, or for them to buy yours. This hive of activity keeps the market buoyant at this time of year. Spring is just around the corner, and this is often one of the best times of the year to move thanks to longer days, and warming weather to enjoy viewings. If you are ready to start your moving journey, why not see how much your current property is worth? Book a
property valuation with one of our local experts at Reeds Rains.
A settling market
If you are a buyer, better mortgage deals and solid pricing that represent good value put you in a good position to move, thanks to a slowdown in house price inflation in 2023. You will get a good price for your home if you are selling, and you will enjoy good value if you are buying. These are ideal conditions for finding a great property and settling down. When the property market feels calm, it makes for a more pleasant moving experience.
With the right guidance from one of our local agents, moving home does not have to be a stressful experience.
Get in touch today to get the ball rolling this Spring!
*ThisIsMoney
**YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Mortgage and Protection Services are referred to Embrace Financial Services.