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House Hunters Back in Action as Market Set to “Kick Off!”

Experts predict a surge in house sales from September as pent-up demand and a boost in mortgage enquiries promise a busy autumn for the property market.

Peter Brodnicki, CEO of Mortgage Advice Bureau, believes the stars are aligning for a much-needed market surge. Speaking on The Two Russells podcast, he pointed to the recent base rate drop and the new government as key motivators for hesitant homebuyers.

“The minute the Election result came out, online searches for mortgages shot up,” Brodnicki revealed, highlighting a clear link between political stability and buyer confidence. “Our brokers usually see that coming through four-to-six weeks later.”

This prediction of a September surge is further bolstered by data from Hamptons, revealing a post-election “mini bounce” in the housing market. The time it takes to sell a property has shrunk, with almost a quarter (25%) of homes listed in the first half of July receiving offers within two weeks. This is a significant jump from the 15% recorded during the same period last year, and the 19% seen in the pre-election period of 2024.

Aneisha Beveridge, Head of Research at Hamptons, suggests this renewed vigour stems from increased certainty: “While the election wasn’t a dealbreaker for many movers, more clarity about the political and economic future has encouraged more sellers to come to market.”

Interestingly, the North of England appears to be leading the charge, showing a greater increase in activity than the South. While the recent interest rate cut is likely to further entice movers across the board, Beveridge stops short of predicting a dramatic surge in house prices, for now.


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