The Autumn Statement and You

After the announcement of the mini budget, we want to keep you up to date with what this could mean for you and your property. 

We’ve already seen the market start to slow as the post-pandemic surge of interest began to wane, and this may continue as the impact of the Statement becomes clear.

That being said, recent data from a survey of 10,400 home movers by the Property Academy, shows that almost a third of moves were ‘needs-based’ and there is a growing shortage of properties in the private rental sector so if you are looking to sell or let, or simply wanting some advice, talk to your local advisers as we have buyers and tenants on our books and registering right now. It may be your property that they are looking for. 

Positive news for buyers is that we are seeing mortgage rates reduce slightly since the recent rises with deals still available up to 95% LTV. Obviously, this is only half the story as affordability is still the issue for many but a complimentary appointment with one of our advisers can help you to understand what’s available, and affordable for you. 

The best advice we can give is to speak to your local property or mortgage adviser.

Getting the right advice and the right support for your particular circumstances is key in ensuring you make the right move, for you.