Welcome to your monthly property update!

Firs Park Ave,London N21

A good size (c1700sqft) 4 bedroom semi detached house with a garage and 65ft private...

£715,000

Click here to read Firs Park Ave,London N21 .

Blakesware Gardens, London, N9

A delightful 3 bedroom, 2 reception room, semi detached family home with well proportioned...

£595,000

Click here to read Blakesware Gardens, London, N9.

Buyer affordability is improving

There is always a wonderful reason to move. Property is beautiful, from the details of a feature fireplace to a view of the sunset over your garden. The right home is an investment and a place to make memories and profound emotional connections. You may have your heart set on the perfect kitchen or an idyllic outdoor space, but the numbers need to be right.

Lower asking price
Asking prices have decreased in recent months, however this should not be viewed as a bad thing. The rapid acceleration in the value of property has been hasty, and world events have somewhat exaggerated things. The fact that the property market is readjusting to a more normal market is healthy, especially considering the steady gradual release of value. It is important to remember that borrowing less overall to buy your home is a good thing, as it reduces other associated costs.

Earnings
Many people are buying together, whether with a partner or a group of friends. This is a quick route to buying your home and gathering a deposit. Nobody can deny that the cost of living has increased, but the good news is that wages are rising. According to the Office for National Statistics, growth in regular pay (excluding bonuses) was 7.2% from February to April 2023.*

Equity
How long have you lived in your home? It’s more likely the longer that time is, the more equity you’ll have. That equity has accelerated rapidly in recent years. There is probably quite a big cushion to fall back on if prices fall a bit more. First-time buyers' homes are in good demand, meaning even if you bought within the last few years, you will have gained a lot of equity, giving you the chance to move into something bigger.

Communicate with your agent
There are no hard-and-fast rules when it comes to property. All homes are unique, as are the different areas in your region. Your needs as a home mover are different from your neighbour's. And today, agents have the means to connect you with buyers and sellers like never before. State-of-the-art tech, in the form of databases and marketing tools, alongside good old-fashioned experience and local market knowledge make it all the more important to get in touch with a reputable estate agent. Ultimately, this means that your estate agent is pivotal in finding a way for you to get the keys to the home you want.

Find your dream property, get in touch to make it a reality

Office for National Statistics*
Moneyfacts*

Which sectors should landlords invest in?

As of July 2023, an average of 187 prospective tenants registered with agents, compared to just 127 in July 2022.* This surge in demand is not limited to any particular sector. Whether you're considering apartments, terraces, or converting existing properties into flats, now is as good a time as ever to invest. It’s no secret that the industry is going through an overhaul, and things are not as simple as they use to be. But if you stop to take a look around, there are so many opportunities right now that promise a profitable future for landlords.

Compact living spaces
Investing in compact living spaces is a smart move in today's market. Apartments and smaller homes are experiencing a surge in popularity, driven by young professionals and couples seeking convenient urban living. The same can be said of places in more rural locations. The appeal of these spaces is better energy efficiency, lower bills, affordability, easy maintenance, and a great choice of locations.

Energy-efficient family homes
Creating energy-efficient family homes is a win-win scenario for landlords. Not only will you contribute to a sustainable future, but you'll also attract a larger pool of tenants. In an era where environmental consciousness is on the rise, energy-efficient properties are in higher demand than ever before. Tenants are willing to pay a premium for homes that offer lower utility bills and reduce their carbon footprint. This demand translates into higher rental income, ensuring that your investment covers its costs and generates substantial returns.

Student accommodation
The student accommodation sector is experiencing a remarkable surge in demand and growth rates. As a result, student rents have surged by an astounding 30% compared to 2022.** This sector's resilience is driven by the constant influx of students seeking quality housing near educational institutions. By investing in student accommodation, you tap into a market that promises both steady rental income and long-term growth potential.

Holiday lets
Holiday lets are another lucrative avenue for landlords in the UK. Whether you choose a cosy city apartment or a spacious rural retreat, there's immense potential to earn substantial returns. The flexibility of holiday lets allows you to occasionally enjoy your property while reaping the financial benefits the rest of the year. The allure of staycations has further boosted the demand for holiday rentals, making it a prime investment opportunity.

The right guidance is the key to success
The landscape for landlords is changing. It’s never been more imperative to conduct your buy-to-let business by the book. The right guidance in sourcing and managing your property, combined with taking care of tenants, is a full-time job. Managed letting services are becoming essential. Keeping you from falling down any legal pitfalls, managing your property’s maintenance, referencing tenants, and so much more. Conditions and rights for landlords are set to improve with new legislation, such as the Renters Reform Bill. Making such legislation advantageous for landlords with the guidance of a good agent involves compliance for a better future for tenants and landlords. The right letting agent will keep you one step ahead, so your buy-to-let investment thrives.

Property mark*
Natwest**

Is there such a thing as a good time to move?

The best time to move is not always down to the seasons or market conditions, it’s down to you. The truth is, there are good reasons to move at any time of the year. Autumn brings about that lovely feeling of vibrancy and freshness with a multitude of colours, which can make you crave the change a new home brings. Winter is also on the horizon, and let's be honest, the countdown to Christmas has started. As the days grow shorter and darker, festivities like Bonfire Night, and Christmas focus our thoughts on cosy nights by the fire. But your moving story is as much about you as it is about your home.

Your home’s story is intrinsic to you
You may have improved your home over the years. Perhaps you have concentrated on making it more energy efficient. Have you developed a really good outdoor space or bought in an up-and-coming area? Even if you have purchased a modest property in the past five years, it will have increased in value considerably. Maybe you have outgrown your home or found that it’s too big for what you need today.

Invest in time
Today, many people are obsessed with the value of their homes, however time is also important. When you buy, you will no doubt keep your home for many years, and if you have owned your current home for a while, then you potentially have good equity. This may decrease in the short term but will increase in the long term. Using the services of a skilled agent who can judge the market will ensure you pay the right price for your property.

Delaying your purchase could cost you
It’s tempting to put off the decision to buy if you are concerned about property prices, but the reality is that rising mortgage costs could cancel out your savings while waiting for property prices to fall. Add to this, the long-term increase in the value of your new home as property prices begin to increase again, and you end up costing yourself even more money.

The property market
The UK property market is very resilient. Prices and interest rates change, but the long-term outlook is still one that spells out housing shortages which helps keep the market stabilised. Your home is in demand because of this shortage. However, there is still a varied and ever-fascinating selection of properties on the market. From grand ecological, energy-efficient designs, to humble terraced properties.

The right home
The perfect location, the sunrise in the morning, the fire at Christmas, the blooming garden in the spring or perhaps a house with greater energy efficiency. Whatever the reasons are for falling for a property, there are so many advantages to living in the right home. From finding more space to work from home, to simply reaping the rewards of a better sense of well-being; the right home can be financially advantageous.

Planning your future
Finding the right location that works for you and your family is important. Whether it is a better life in the country or an easier commute to school or work, agents are always worth talking to. Immersed in the latest property trends and in constant communication with buyers and sellers, there is no better source for information and providing a means to your dream property.

Book a valuation to explore your property options

Some questions you might not ask your agent when moving

You know the feeling. It happens during so many important events in life. You go on a viewing, it’s such an interesting and exciting process that you become a little flustered. You walk from room to room, loving what you see. You are enamoured and excited, so you forget to ask an important question. While you can always contact your agent at any time to gain more information, it's important to remember that your agent is an invaluable partner in your moving journey. So here are a few questions that you might not think to ask to add to your list.

If you are selling

How long will it take to sell my home?
Your agent is an expert in the market and area you want to buy or sell. So, while your agent can’t look into a crystal ball, they will be able to give you a good indication of how long it will take to sell your home. Agents are also dialled into local property trends. Your home is unique and may sell quickly.
What are the terms of your contract?
It’s important to communicate with your agent about all aspects of your move and never be afraid to ask too many questions. Different agents offer varying contracts, so it’s important to know the terms of yours. Talk to your agent about your individual requirements, and a good agent will meet your needs, and create a contract which will reflect them.
How quickly will my home appear on the market?
A good agent will value your home at the right price and take care of all marketing swiftly, from photographs to getting your property advertised. Estate agents today have a vast database of buyers ready to buy. Add to this the vast number of home movers that agents are in daily contact with, and chances are they may already have a buyer for your home in mind. And when it’s time to accept or reject an offer, your agent will keep you on the right path.

If you are buying

What is this area like to live in?
Whether you need to know the proximity to local transport links, schools, or places to carry out your hobbies, your agent will know. They will have sold properties and dealt with many clients in the area you want to move to or from. You will want to enjoy your new life as much as possible, and your agent will answer other key questions, such as where you can find the nearest good pub!
Can you help me negotiate an offer?
When it’s time to make an offer, a good agent is invaluable. Their vast market knowledge and experience when it comes to judging the market and the condition of the property in question are crucial. Ultimately, it’s your choice, but with the right guidance, you can pay the right price for the home you want.
If I improve the property, how much value will it add?
Whether you have already made some alterations or are thinking of buying a home with a view to updating it, your agent can tell you all you need to know. It could be that you are interested in making small improvements, like painting or decorating. Or you may decide on a grand design with the very latest in energy efficiency. The same goes if you add an outdoor space, a new kitchen, or convert the attic. Sometimes it’s better to get this information before you buy to see which property will give you the biggest returns.
From your mortgage to your big move
Modern estate agents can help with every aspect of your move, from getting the right mortgage to discovering a great buy-to-let investment. You will have many questions and maybe a few concerns. Moving can be stressful and full of legal pitfalls. You want every aspect of your new home to work for you, and a good agent can make that happen while supporting you, making for a happier home-moving experience.

Winchmore Hill

A spacious 3 bedroom, 2 reception room, semi detached family home occupying a sizable plot in a very sought after location offering bright...

£850,000

Click here to read Winchmore Hill.

Winchmore Hill

This 3 bedroom, 3 reception room, semi detached unmodernised house allows the buyer to create a property to their own choice and specification...

£725,000

Click here to read Winchmore Hill.

Newbury Park, IG2

Situated in a popular residential turning of Newbury Park is this well-proportioned two bedroom Victorian ground...

£250,000

Click here to read Newbury Park, IG2.

Winchmore Hill, N21

An unmodernised 2 bedroom, first floor maisonette with its own street access set in a quiet backwater close to...

£385,000

Click here to read Winchmore Hill, N21.

Winchmore Hill, N21

A beautifully presented 2nd floor 2 bedroom purpose built apartment in a private block offered...

£335,000

Click here to read Winchmore Hill, N21.

Winchmore Hill, N21

An unmodernised 2 bedroom, first floor maisonette with its own street access set in a quiet backwater...

£385,000

Click here to read Winchmore Hill, N21.

February 2024 is bringing a fresh breeze of buyers and sellers

With a greater sense of optimism in the air, lowering mortgage rates, and a compelling choice of properties to entice you, the UK property market is feeling good. A new year always brings new trends, fresh ways of buying, interesting properties, and a fresh influx of homemovers. Now is a good time to open your mind to the endless possibilities.

Mortgage rates are falling below 4%
With sub 4% mortgage rates making a welcome appearance on the mortgage market, homemovers are excited and relieved. For many years, mortgage rates were unrealistically low, and this has created the perception that today’s rates are higher than they actually are. Mortgage rates will not in the foreseeable future return to super-low levels, and those who know this are making their moves and getting increasingly better deals. After all, you can always change your mortgage deal in a couple of years.

Homes finding new owners
More buyers means more sellers, and all bring their properties to the market at some point, for you to buy, or for them to buy yours. This hive of activity keeps the market buoyant at this time of year. Spring is just around the corner, and this is often one of the best times of the year to move thanks to longer days, and warming weather to enjoy viewings. If you decide to join the party, your agent’s database will be teeming with homemovers and may already contain the right buyer for your home.

New trends
Create your perfect work-from-home space by selling up and moving to your dream location. Making the most of your home’s equity by purchasing a buy-to-let investment or holiday let is still a very appealing option. First-time buyers can spend up to £600,000 with a 5% deposit thanks to the Mortgage Guarantee Scheme, which has been extended until June 2025. Sustainability, energy efficiency, compact living, and smart technology are also growing in popularity.

A settling market
If you are a buyer, better mortgage deals and solid pricing that represent good value put you in a good position to move, thanks to a slowdown in house price inflation in 2023. You will get a good price for your home if you are selling, and you will enjoy good value if you are buying. These are ideal conditions for finding a great property and settling down. When the property market feels calm, it makes for a more pleasant moving experience. With good guidance from an experienced agent, moving home does not have to be a stressful experience.

Inspirational properties
Sustainability and energy efficiency are blended with fun and functionality, defining your spaces but allowing them to feel connected. The growth of smart homes and smart energy, fitted with smart appliances, promises to make your life easier. Features such as glass roofs and glass-door walls, with modern, clean designs leading to homely outdoor garden spaces, even in compact homes, make for inspirational viewings. Architectural styles from every era offer space with style and a sense of timelessness with modernity in magical settings.

Local Makers Market: Seconds & Samples Sale - Wanstead | Saturday, March 29

Grab a bargain at our sample and sale market! For a whole weekend, our makers will be selling beautiful handmade items at discounted prices.

Click here to read Local Makers Market: Seconds & Samples Sale - Wanstead | Saturday, March 29.

Buckhurst Hill

Spacious two double bedroom second floor apartment presented in good condition and situated...

OIEO £385,000

Click here to read Buckhurst Hill.

Chadwell Heath

Ground floor two bedroom flat located in a modern purpose built block within 1 mile of Chadwell Heath Elizabeth Line station.

£262,000

Click here to read Chadwell Heath.

What landlords need to know about changing EPC requirements in 2025

The UK rental market is set to see changes in energy efficiency regulations, but not in the way initially expected. The previous Conservative government had planned to enforce stricter Energy Performance Certificate (EPC) requirements by 2025, requiring all newly rented properties to have a minimum EPC rating of C. However, these plans were scrapped in September 2023 due to concerns that landlords would face excessive financial burdens to meet the short deadline.

Understanding the EPC changes

In September 2023, the Conservative government abandoned the proposal to enforce EPC upgrades by 2025. The decision was made due to concerns that landlords would be required to undertake costly energy efficiency improvements within a short time frame.

The Energy Secretary has since pledged to take action to address past shortcomings in energy efficiency regulations and has committed to consulting on new measures by the end of the year. The revised proposal will focus on improving energy efficiency standards across both private and social rented properties by 2030.

As it stands:

Private rented homes can still be legally let if they meet the current EPC rating of E.

Social rented homes currently have no minimum energy efficiency requirements.

The government will consult on new regulations to bring private and social rented homes up to an EPC rating of C or equivalent by 2030.

How these changes affect landlords

No immediate mandatory upgrades: Landlords are not required to make EPC upgrades by 2025, as the original plan was scrapped.
Possible future regulations by 2030: The government is expected to introduce revised regulations, likely requiring rental properties to meet EPC rating C by 2030.
Longer time to prepare: While landlords now have more time, it is advisable to plan for future changes to avoid last-minute expenses.
Energy-efficient homes remain attractive: Despite the lack of immediate requirements, properties with higher energy efficiency will continue to attract tenants and could justify higher rental prices.

Steps landlords should take now

Review your EPC rating: Check your current certificate to understand where your property stands.
Plan for future improvements: Consider cost-effective upgrades such as better insulation, LED lighting, and energy-efficient heating systems.
Budget for gradual upgrades: With a longer timeline, landlords can set aside funds to improve their properties without financial strain.
Stay informed on upcoming regulations: The government’s consultation process will provide more clarity on future requirements, so staying updated is essential.
Consider financing options: Explore potential government schemes or green financing that may become available as part of the new regulations.

What happens if landlords do not comply in the future?

While there are no new fines or restrictions in place for 2025, the anticipated 2030 regulations may introduce penalties for landlords who do not upgrade their properties. Failure to comply could result in restrictions on letting properties and possible financial consequences.

Final thoughts

Although the proposed 2025 EPC upgrades have been scrapped, landlords should still prepare for potential changes in the coming years. Upgrading energy efficiency now can enhance property value, attract tenants, and ensure compliance with future regulations.

If you are a landlord looking for expert guidance on managed lettings services or a tenant searching for a property to rent, contact us today

How to minimise wear and tear in your rental property without overspending

Keeping a rental property in good condition is essential for maintaining its value and attracting quality tenants. However, regular use naturally leads to wear and tear, and constant repairs or replacements can become costly. For landlords, the key is to minimise damage while keeping expenses under control. Here are some practical and cost-effective ways to reduce wear and tear in your rental property without overspending.

Choose durable materials and finishes

Investing in high-quality, durable materials for flooring, walls, and fixtures can reduce the need for frequent replacements. Hard-wearing laminate or vinyl flooring is a cost-effective alternative to carpets, as it is easier to clean and less prone to damage. Walls painted in washable, scuff-resistant paint allow for easy maintenance, reducing the need for frequent repainting. Opting for sturdy, low-maintenance kitchen units and bathroom fittings also helps minimise wear over time.

Set clear expectations with tenants

A well-informed tenant is more likely to take care of the property. Providing a clear tenancy agreement that outlines maintenance responsibilities, such as keeping carpets clean and reporting issues promptly, encourages tenants to look after their home. A simple guide on how to care for appliances, heating systems, and ventilation can also prevent unnecessary damage caused by misuse.

Use protective measures in high-traffic areas

Simple, affordable additions can significantly reduce wear in areas that experience the most use. Doormats at entrances help prevent dirt and grit from damaging flooring, while fitted furniture pads protect wooden or tiled floors from scratches. Installing door stoppers and kick plates can prevent damage to walls and skirting boards, reducing the need for repainting and repairs.

Carry out regular inspections and maintenance

Regular inspections allow landlords to catch small issues before they become expensive problems. Spotting early signs of damp, leaks, or damage gives you the chance to address them before they lead to costly repairs. A scheduled maintenance check every few months helps keep the property in good condition and reassures tenants that issues will be dealt with promptly.

Provide quality fixtures and fittings

While it may be tempting to furnish a rental property with budget-friendly items, poor-quality fixtures can break easily and require frequent replacement. Investing in sturdy door handles, strong curtain poles, and reliable kitchen appliances can save money in the long run by reducing the need for repairs. Choosing neutral, timeless designs also helps prevent the need for frequent updates due to changing trends.

Encourage responsible tenant behaviour

Encouraging tenants to report maintenance issues as soon as they arise can prevent minor problems from turning into expensive repairs. Providing a simple process for reporting issues and responding quickly to repair requests builds a positive relationship with tenants and helps keep the property well-maintained. Offering incentives for long-term tenants who take good care of the property, such as minor upgrades or professional cleaning, can also be beneficial.

Limit excessive wear with smart furnishing choices

For furnished rentals, choosing stain-resistant fabrics for sofas and chairs, and using wipeable surfaces for dining tables and worktops, can help keep furniture in good condition for longer. If you provide a washing machine, consider installing a filter to prevent damage from limescale and debris. Simple choices like these can significantly extend the lifespan of furnishings without increasing costs.

Use a professional end-of-tenancy clean

At the end of each tenancy, having the property professionally cleaned can help prevent long-term damage. Deep cleaning carpets, appliances, and bathrooms keeps them in good condition and makes it easier for new tenants to maintain the property. Some landlords include professional cleaning as a requirement in the tenancy agreement, ensuring the property is returned in good condition.

Protect your investment cost-effectively

Reducing wear and tear does not have to be expensive. By choosing durable materials, setting clear expectations, and maintaining the property proactively, landlords can keep their rental homes in excellent condition without overspending. A well-maintained property attracts responsible tenants, reduces repair costs, and helps ensure a long-term, profitable investment.

Deposit Protection Schemes in 2025: What’s changing and how it benefits you

For tenants, a protected deposit provides peace of mind that their money is safe and will be returned fairly at the end of their tenancy. In 2025, there are updates to deposit protection rules and processes that tenants need to be aware of. Understanding how these schemes work and what changes are being introduced can help you feel more secure in your rental agreement. Here is what is new this year and how it benefits you.

What is a deposit protection scheme

Deposit protection schemes exist to ensure that tenants’ deposits are kept safe and handled fairly throughout a tenancy. By law, landlords must place your deposit in a government-approved scheme within thirty days of receiving it. At the end of the tenancy, deductions can only be made for agreed reasons such as unpaid rent or property damage. If there is a dispute over deductions, the scheme provides a resolution service to ensure fairness for both parties.

What is changing in 2025

New measures are being introduced to improve deposit protection, increase transparency, and make it easier for tenants to track and manage their deposits. Some of the key changes include.

Digital tracking and notifications

More schemes are moving towards online systems where tenants can log in and check the status of their deposit at any time. You may now receive automated updates confirming when your deposit has been protected and details on how to retrieve it at the end of your tenancy.

Faster dispute resolution

Improvements to the resolution process mean that disputes over deposit deductions are expected to be resolved more quickly. Some schemes are introducing stricter timeframes for landlords and tenants to submit evidence, helping to prevent unnecessary delays in getting your money back.

Stronger penalties for landlords who fail to comply

If a landlord does not protect your deposit correctly, they can now face tougher financial penalties. This change is designed to encourage full compliance with the law and ensure tenants’ money is safeguarded properly.

How these changes benefit tenants

The updates to deposit protection schemes are designed to make the process fairer, clearer, and more efficient for tenants. Here is how you will benefit.

Greater transparency

With more digital tracking options, tenants will have better access to deposit information, reducing uncertainty and making it easier to check that their money is being handled correctly.

Quicker access to your deposit

Faster dispute resolution means tenants will not have to wait as long to receive their deposit back at the end of a tenancy, even if there is a disagreement over deductions.

More security for your money

Stronger penalties for landlords who fail to protect deposits properly mean fewer risks for tenants. If your landlord does not follow the correct process, you will have more legal backing to claim compensation.

How to check if your deposit is protected

If you have paid a deposit, your landlord or letting agent should provide you with details of where it has been registered. In England and Wales, deposits must be held in one of three government-approved schemes.

Tenancy Deposit Scheme TDS
Deposit Protection Service DPS
My Deposits

You can check whether your deposit is protected by visiting the website of these schemes and entering your tenancy details. If your landlord has not provided you with deposit protection information, ask them for it immediately. If they fail to protect your deposit, you may be entitled to compensation of up to three times the deposit amount.

What to do at the end of your tenancy

To ensure you get your full deposit back, follow these steps before moving out:

Check the tenancy agreement: Review the terms regarding deposit deductions to understand what could be charged at the end of the tenancy.

Document the property’s condition: Take photos and videos when moving out to provide evidence that you are leaving the property in good condition.

Request your deposit return promptly: Once you have moved out, formally request your deposit back through the protection scheme to start the process.

A fairer and more secure system for tenants

The updates to deposit protection in 2025 are designed to make renting fairer and more transparent for tenants. With better tracking, faster resolutions, and stricter enforcement for landlords, tenants can feel more secure that their deposits are being handled properly. Knowing your rights and taking simple steps to check your deposit is protected can help ensure a smooth rental experience.

The 2025 mortgage checklist: What to prepare

With the property market gaining momentum in February 2025, and mortgage deals improving, many buyers are taking steps towards securing their dream home. A mortgage is a key part of the process, and being well-prepared can make all the difference when it comes to securing the best deal and moving quickly when you find the right property. Whether you are a first-time buyer or moving home, having everything in order before you apply can help make the process smoother. Here is what you need to prepare for your mortgage application this year.

Check your credit score

Lenders will assess your credit score to determine your reliability as a borrower. A strong credit score can improve your chances of being offered a competitive mortgage deal. Before applying, check your score through a reputable credit reference agency and ensure there are no errors on your report. Simple steps such as paying bills on time and avoiding unnecessary credit applications can help maintain a healthy credit profile.

Organise proof of income and employment

Lenders need to see that you have a steady income to cover mortgage repayments. If you are employed, you will usually need to provide recent payslips and a P60 form. If you are self-employed, you may need at least two years of tax returns and accounts, along with bank statements showing your earnings. Having these documents ready in advance can speed up the approval process.

Calculate your deposit and budget

Knowing how much you can afford to put down as a deposit is essential before applying for a mortgage. The higher your deposit, the more mortgage options may be available to you. In 2025, there are still government schemes such as the mortgage guarantee scheme, which supports buyers with a smaller deposit. It is also important to factor in additional costs such as stamp duty, legal fees, and moving expenses when planning your budget.

Prepare bank statements and outgoings

Lenders will review your spending habits to assess whether you can afford mortgage repayments. Be prepared to provide several months’ worth of bank statements showing your income and regular expenses. Reducing unnecessary spending in the months leading up to your application can help demonstrate financial responsibility and improve your chances of approval.

Get an agreement in principle

An agreement in principle is a statement from a lender confirming how much they are willing to lend based on an initial assessment. While not a formal mortgage offer, it gives you a clear idea of your budget and can make you a more attractive buyer when making an offer on a property. Many estate agents will ask for this as proof that you are in a strong position to proceed with a purchase.

Research mortgage options

There are various types of mortgages available, including fixed-rate and variable-rate options. It is worth researching what suits your financial situation and future plans. Speaking to a mortgage broker or advisor can help you understand the latest deals available in 2025 and find a mortgage that meets your needs. Keep an eye on lender requirements, as affordability checks and lending criteria can change over time.

Consider your future financial plans

Before committing to a mortgage, think about your long-term plans. If you expect changes in your income, job, or lifestyle, it is important to choose a mortgage that fits your future goals. Some buyers may prefer flexibility, while others might want the security of a fixed monthly repayment. Planning ahead can help you choose a mortgage that suits both your current and future circumstances.

Be ready to move quickly

With the property market seeing increased activity in early 2025, being prepared gives you an advantage when you find the right home. Having all the necessary documents in place, securing an agreement in principle, and understanding your budget can help ensure you are ready to act when the opportunity arises.

Book a valuation for expert guidance on the next steps in your home buying journey