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September has brought the first monthly asking price rise since May, but the headline only tells half the story. Prices are up 0.7%, sellers face a 12 year high in competition and mortgage rates have risen again. Here is what the latest Rightmove data actually means for your move.
Mortgage rates remain above 5% on average, but the picture is more nuanced than the headline suggests. If you are buying, selling or simply wondering whether to wait, here is what the latest mortgage market actually means for your next move.
Many homeowners are waiting for autumn, lower mortgage rates or a more certain market before selling. But when everyone waits for the same moment, competition can arrive with them. Sometimes moving before the crowd creates the better opportunity.
With buyers enjoying more choice than at any August since 2014, your asking price has never worked harder. Price too high and you could lose your strongest opportunity before your sale has really begun. Here is how to get it right.
