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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 £2.8bn.
Thinking of selling your home this summer? Before you list, here’s what you need to know to avoid sitting unsold, missing the right buyer or losing thousands. A few smart decisions now can change everything.
At The Avenue, we’re always on the lookout for something special—and we’ve just found it. Tucked away in one of Aldridge’s most desirable residential areas is a truly stunning 1940s semi-detached home that perfectly balances character, space and ultra-modern living.
1 in 3 UK property sales still fall through. We’re working to change that. Here’s how you can protect your sale — and your peace of mind.