Is this the start of a more stable property market? Just last week, we saw the Nationwide Building Society release rates of less than 4% on some mortgage deals. This combined with a reduction in the Bank of England base rate, we think will help to solidify the 2024 property market and create excellent bedrock for potential further growth.
These figures are taken from the Rightmove property index, which rather unfortunately includes the Cambridge data within the East Anglia region, but it does show a more regional interpretation of price change, rather than the national figures which are always way out for us in Norfolk with London prices being so high!
As the last few leaves fall from the autumnal looking trees and every morning seems to require removing the frost on the car windscreen we are definitely slipping into the winter marketplace!
With fireworks night around the corner and the clocks going back, means…
The weather is definitely turning more autumnal and i’ve heard several comments from people about putting their central heating on already!
This is obviously going to be something people are very mindful of this year, with energy prices going up but there are some other impacting factors which have happened in the last few days which I will tell you about as well.
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