We’ve had quite a few questions lately about what’s happening in the local property market, so here’s our take on things:

How low will interest rates go?
Even if the Bank of England continues cutting rates, mortgage rates are still expected to hover around 3.5–4.5%. So while borrowing might get a little easier, we’re not expecting any dramatic drops. The good news? It’s also unlikely to get worse.

Is now a good time to move?
Top quality homes are still in high demand, especially with building costs remaining steep. If you’re looking for a “move-in ready” property, expect to pay a premium.
That said, landlords facing rising taxes and new regulations are offloading rental investments, meaning there could be opportunities for buyers willing to do a bit of work. If you’ve got vision, there are deals to be had!

When’s the best time to sell?
Spring and autumn are traditionally busy, but timing really depends on what’s happening in the economy. Keep an eye on mortgage rates—when High Street lenders dip below 4%, the market tends to pick up fast. If you’re thinking of selling, that’s the moment to act!

Are prices still rising?
Queens Park has outperformed most of London over the past decade, but in 2025, we’re likely to see more modest price growth—around 3–4%, in line with the rest of the city. As buyers look for better value elsewhere, Queens Park may face some competition.

How long does it take to sell? 

The London average is 6 months from launch to handing over the keys. However, ours clients will typically manage this in around 4 months. Best to get sales ready, paperwork in order, relevant certificates to hand and most importantly, instruct a good solicitor. This is imperative.

The Bottom Line

• House prices are inching up, but nothing too dramatic.
• Buyers are still prepared to pay for location and quality .
• Mortgage rates aren’t skyrocketing any longer, but they’re not hitting rock bottom either.

If you’d like to chat about what’s happening on your street, just give us a call—we’re always happy to help!