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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.
An attractive and well-presented 2-bedroom end terrace, ideally positioned in central Attleborough. Recently redecorated throughout, the property offers a spacious lounge with French doors to a 30ft enclosed garden, a fitted kitchen, modern bathroom, and allocated parking, combining comfort with convenience.
Thinking of selling your Attleborough home? New data shows it takes an average of 57 days to find a buyer — but this varies widely by property type and price. With just under half of homes failing to sell, smart pricing and strong marketing are key to securing the best result in today’s market.
Falling mortgage rates are bringing welcome relief to first-time buyers. Monthly repayments on the average UK first-time buyer mortgage are now around £355 less than three years ago — easing financial pressure and making homeownership feel more achievable for many ready to take their first step onto the property ladder.