If you’ve been wondering whether to take the leap and buy a home, summer 2025 could be the perfect moment to do just that, especially if you’re looking to settle into a new space ahead of 2026. Whether it’s a growing family, a new job, or lifestyle changes that’s sparked your interest in moving, the current market conditions may be more favourable than you think.
A Changing Market
According to the latest data from Rightmove, the average asking price of property has dropped by 1.2% in July, bringing it to £373,709. At the same time, the number of sales agreed is up 5% compared to this time last year. A strong indicator that more buyers are taking advantage of improving affordability and increased supply.
With inflation expected to ease further and weak economic growth pointing to potential interest rate cuts, economists suggest we could see continued reductions throughout the rest of the year. In fact, Rightmove’s mortgage tracker shows a typical two-year fixed mortgage now saves
buyers nearly £150 per month compared to previous rates, a welcome relief for anyone planning a move.
Planning for 2026
Summer is often a time of reflection – longer days, holidays, and space to think about what comes next. If you’re planning for 2026, now is the time
to explore your options. Whether you’re dreaming of more space, a shorter journey to work, or a fresh start somewhere new, aligning your plans with today’s market conditions could work strongly in your favour.
The Time to Buy
With more mortgage products available and falling house prices, you might find that you’re in a stronger position to buy than you previously thought, even if you’ve been holding off until now. Looking to make a move in 2025 or early 2026?
Get in contact today to discuss your goals, review your affordability, and explore the right mortgage for your situation. If you’d like to discuss the options available to you, contact your adviser.
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