Is Now a Good Time to Move House? Seasonal Changes in the Property Market.
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Is Now a Good Time to Move House? Seasonal Changes in the Property Market. |
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Ad - Chiswick Estate Agents Horton and Garton give some insights
Is now a good time to move house? Seasonal changes in the property market Warmer weather typically energises the property market, and this year that seasonal lift coincides with rising stock, stronger buyer confidence, and shifting dynamics across London. Rightmove’s latest House Price Index shows average asking prices rose 1.4% in April, with buyer demand up 5% year-on-year and the highest number of homes for sale in over a decade. Closer to home, data shows needs-based buyers are driving heightened activity in outer-prime areas like Chiswick, Richmond and Wandsworth. Though the market is active, buyers are increasingly value-focused, meaning pricing and presentation are critical. Why West London sellers are well-placed Longer days, garden appeal and motivated buyers make the spring and early summer months peak selling season. With the most buyer choice since 2015, it’s a great time to move but also a competitive one. Well-presented, realistically priced homes attract attention fast. At Horton and Garton, we’ve seen activity rise across Chiswick, Hammersmith and Shepherd’s Bush with more viewings and offers. While urgency may be lower than in past booms, committed buyers are taking action. Smart pricing cuts through Those coming to the market should be mindful that price sensitivity remains high, according to the latest data from LonRes over 75% of London sales agreed in Q1 were at a below asking price value. Success hinges on accurate, evidence-based pricing from the start. When homes are properly valued, they gain early interest and are more likely to complete smoothly. Mortgage market offers a welcome boost While global markets have faced turbulence, most recently due to US tariff policy shifts, the UK mortgage landscape is showing signs of improvement. Lenders are already offering sub-4% mortgage products for certain borrowers, and a Bank of England base rate cut to 4.25%could bring additional momentum to the market. This growing confidence in the lending space is particularly relevant in outer-prime zones like Chiswick, where affordability remains a key factor for upsizers and family movers. The Bank of England have decided to cut Base Rate to 4.25%. Although this was widely predicted and “priced in”, it is a welcome step in the right direction. The message from the BOE still seems to be of a gradual cut to rates, which may exclude a further June rate cut. The good news is the mortgage lenders have already been pricing in the cut, so some fixed rate mortgages are under 4%. The wider impact of the rate cut is also an improvement to borrowing capacity. It should mean banks being able to lend more. This could make all the difference to getting that dream home! James Muncaster, Director at Chagnon Financial Top tips to prepare your home to In a season filled with opportunity and growing competition these summer-specific tips will ensure your home makes the right impression:
Thinking of selling? At Horton and Garton, we bring deep local knowledge, smart pricing strategies and a hands-on approach that ensures your home is positioned for success. Whether you’re ready to move or still weighing your options, we’re here to support you at every step. Contact us on 020 3989 6464 for a no-obligation valuation and bespoke advice tailored to your property and goals. The property featured in the header image is currently for sale with our team. Find out more here. Advertorial |
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