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After six months of decline, mortgage rates have nudged upward, and surprisingly, buyer activity has gone up with them. According to data from the Bank of England, mortgage approvals for home purchases rose by 2,400 in May to reach 63,000 approvals. Remortgage approvals also jumped by 6,200, while borrowing on mortgage debt rose by Β£2.8bn.
This monthβs Rightmove House Price Index brings a clear message: sellers are getting seriousβand thatβs good news for buyers and sellers alike.
Thinking of selling your home this summer? Before you list, hereβs what you need to know to avoid sitting unsold, missing the right buyer or losing thousands. A few smart decisions now can change everything.
Great marketing isnβt just nice to have β itβs what turns interest into serious offers. Hereβs why so many homes underperform and what you can do differently.