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The latest 0.25% interest rate cut may look modest on paper, saving the average variable mortgage holder around £31 a month, but its real influence runs deeper. Property markets are powered by confidence, and with mortgage rates easing and lenders competing again, sentiment is shifting. That change in mood is starting to matter.
A superb, modern 3-bedroom detached family house in Attleborough, built in 2024. Featuring high ceilings, a dual-aspect lounge, a fully fitted kitchen/diner, and an en suite master bedroom. Complete with a garage, driveway, and enclosed garden.
Following on from the Chancellor’s Autumn Budget, this article breaks down what the new tax measures really mean for Attleborough. With the feared £500,000 property tax dropped and a targeted Mansion Tax on £2m-plus properties introduced, I explore the likely impact on local homeowners, landlords, and tenants, separating headlines from reality.
Recent data shows homes are taking longer to sell than 18 months ago, with only around half achieving a sale. Realistic pricing from day one is crucial to attract interest, maintain momentum, and avoid delays or reductions, ensuring a smoother, more successful sale in today’s market.