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:

Stay Connected: Maintain regular communication with agents in the area you're searching
Prepare Documentation: Have all necessary paperwork ready
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

First Name

Last Name

Your Email Address

Mobile Phone

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as products and services. (You will always be given the right to unsubscribe at any point in the future)

Confirm

Schooling in SE London: What Makes Our Local Schools So Special and what you need to know

By Kate Hill, Director at Greater London Properties and proud Dulwich & Herne Hill Family Scoop contributor

CLICK HERE >

What Could Happen If You Hold On: Tax Rises, Rent Reform, and a Flooded Market

An article by Rob Hill, Founder of estate agency Greater London Properties (GLP) : "There are several significant headwinds forming that could have a profound impact on the property market in the coming months...

CLICK HERE >

GLP - We Live Here. We Get It. We've seen a clear opportunity to raise the standard

At Greater London Properties, we’re not outsiders. Our directors have lived in and around Herne Hill and Dulwich for over 20 years — raising families here, moving between postcodes, and getting to know this community inside out. We know the schools, the parks, the hidden gems — but how are we any different?

CLICK HERE >

Why Herne Hill Is a Brilliant Place to Eat, Meet and Settle In

For buyers thinking about moving here, the mix of green space, great schools, and genuinely good places to eat and relax makes Herne Hill feel like home from day one.

CLICK HERE >