Mortgage Market Shifts: A Golden Opportunity for London Buyers

Mortgage Market Shifts: A Golden Opportunity for London Buyers

The base rate has been cut to 4.50% - the lowest in over 18 months - signaling a potentially transformative moment for the property market.

Good afternoon,

The latest Bank of England announcement brings exciting news for property buyers in London. The base rate has been cut to 4.50% - the lowest in over 18 months - signaling a potentially transformative moment for the property market.

What This Means for You:
Major lenders like Barclays, HSBC, Halifax, Coventry Building Society, and Clydesdale Bank have already responded by decreasing mortgage rates. This creates a window of opportunity for potential buyers, especially with the upcoming Stamp Duty deadline on March 31st, 2025.

Key Strategies for Prospective Buyers:
  1. Stay Connected: Maintain regular communication with agents in the area you're searching
  2. Prepare Documentation: Have all necessary paperwork ready
  3. Act Swiftly: Leverage both the rate cut and Stamp Duty deadline

Why Choose Greater London Properties?
If you are looking to sell your home and/or searching to buy we work with external experts in property law and finance who can help a speedy transaction and ensure the process is as stress free as possible. Speak to Dan or Rob in our Sales team and they will happily answer any questions you have and discuss the best steps for you, whatever your situation. We are a small team of experts and customer service is at the heart of every thing we do.

Ready to Explore Your Property Potential?
Call Greater London Properties today on 0207 113 1066 and our team is standing by to guide you through this exciting market opportunity.

Warm Regards

Kate Hill, Director
Greater London Properties


Get in touch with us

Easy Upgrades That Add Value to Your Property

When it comes to selling your home, small improvements can make a big difference to the final price you achieve. The good news is that you don’t always need a full renovation. With a few cost-effective upgrades, you can boost your property’s appeal and attract more motivated buyers.

CLICK HERE >

🏡 Understanding Selective Licensing in London – What Every Landlord Should Know

If you’re a landlord in London, you’ve probably heard the term “selective licensing.” It can sound complicated, but don’t worry — we’ll make it simple.

CLICK HERE >

Are You Ready to Sell in the Next 3 Months? Here’s How to Win

Thinking of putting your home on the market soon? If you’re aiming to list within the next 90 days, this guide is for you. Here’s how to sharpen your strategy so you don’t just sell — you get the sale you want.

CLICK HERE >

Want to move by Christmas? The clock is already ticking

If you’re hoping to be in your new home by Christmas, time is running out. With UK sale timelines now topping 200 days from listing to completion, September may be your last chance to start the process. Here’s what you need to know before it’s too late…

CLICK HERE >