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With mortgage rates for five-year fixed deals dropping to 4.5%, we’ve seen a 20% increase in buyer interest since July 2023. The average house price has risen by 1.4% year to date and is forecast to increase by 2.5% by the end of 2024.
Preparing for the Renters’ Rights Bill: A new chapter for landlords and the lettings sector
As we approach 2025, the UK property market continues to show resilience and promise. With interest rates expected to decrease, steady price growth forecasted, and a wealth of properties available, both buyers and sellers are poised to benefit from the evolving market conditions.
A familiar strategy emerges among estate agents every December: the Boxing Day property launch.