The Bank of England cuts base rate to 4.25%

This morning, the Bank of England announced another base rate cut - this time down to 4.25%. It’s the fourth drop in under a year, and a clear sign that confidence is returning to the economy.

But what does this mean for homeowners?

Lower rates = more buyers

As mortgage rates fall, monthly repayments become more affordable - and that means more people can say “yes” to a new home.

We’re already seeing signs of increased activity, and with the Spring market in full swing, this rate cut could be the nudge many buyers were waiting for. For sellers, this creates a window of opportunity - more interest, more viewings, and potentially stronger offers.

Why now is a good time to act

Spring is traditionally one of the busiest times of year to sell a home. Gardens are in bloom, daylight lasts longer, and buyers are motivated to move before summer.

Add a rate cut into the mix, and the market gets a fresh injection of energy. Homes listed now are well-placed to benefit from rising demand and a more confident pool of buyers.

Thinking of selling?

If you’ve been considering it, this may be the perfect moment to get ahead of the curve.

You can compare top-performing estate agents in your area in just a few minutes. These are agents who know how to market homes effectively - and most importantly, how to secure the best possible outcome for you.

Or if you already have a shortlist of top agents, book your free valuation today.