
More homes. Lower rates. Serious buyers. Should you make your move?
After a record-breaking March, many expected the housing market to cool in April. Instead, activity remains strong, offering both buyers and sellers unique opportunities. More homes are coming to market, buyers are active again, and mortgage rates have dipped. Here's what that means for you π
π± More Homes = More Choice
March saw a 50% surge in mortgage completions as buyers rushed to beat the stamp duty deadline.
Many experts predicted a slowdown in Q2, but the market has defied expectations.
With more properties now available, buyers have a wider selection, and sellers face increased competition.
Rightmove reports an 11% increase in new listings, while Zoopla notes that supply has outpaced the growth in sales agreed.β
More homes on the market means more choice for buyers β and more competition for sellers.
If you're thinking of selling, standing out isn't optional β it's essential!
Want to make your home the one buyers canβt ignore? β click here
π Buyers Are Back Out
Despite the anticipated dip, buyer activity remains robust. Viewings and registrations are up, indicating sustained confidence in the market. Homes priced appropriately are attracting significant attention. Zoopla reports that sales agreed continue to rise, up 5% year-on-year.β
π Mortgage Rates Have Dropped
Lenders are offering more competitive rates, with some 5-year fixed deals now below 4.2%.
This shift enhances affordability, allowing buyers to consider properties that were previously out of reach.
Rightmove predicts that average mortgage rates will fall to around 4.0% by the end of the year.β
What if the home you really want just became affordable?
New rates = new possibilities.
π Run the numbers now
π΅οΈββοΈ Stay Ahead of the Crowd
Looking to move this year?β
Make sure your buying criteria is up to date with us.
We'll send you listings that match before they hit Rightmove & Zoopla β giving you a serious edge.β
Here to help you take the next step β when youβre ready,
James Humphries-Stone
Co-Founder, The Avenue