Navigating The Mortgage Options Available For Your Dream Seddon Homes Property

Posted on January 18th, 2024

At Seddon Homes, we recognise that the journey to homeownership is a significant milestone, and we’re dedicated to making it as informative and straightforward as possible. The new year has brought the promise of falling interest rates for aspiring homebuyers. This opens a window of opportunity for those searching for their forever home, whether they’re first-time buyers or homeowners looking to upgrade their property. In this blog, we look at the trends that have shaped the housing market today, what we expect from 2024 and discover how you can make your dream a reality by navigating the mortgage options available to buy your dream Seddon Homes property.

2023 in rearview: Charting the path for 2024

Looking further into 2024, it is crucial to acknowledge the current housing market landscape – understanding where it stands and how this can influence the ability to buy property. The last quarter of 2023 saw the end of a series of interest rate increases, with the Bank of England’s base rate currently standing at 5.25%, with a possibility of it decreasing in the coming months. This has lowered mortgage rates and made it more affordable to buy a home, therefore the UK housing market is seeing a growth in confidence and demand as a result. Finding your dream Seddon Homes property has become more possible for a multitude of potential buyers.

A buyer’s market

The start of 2024 saw the fall of fixed mortgage rates, following cuts by several lenders due to confidence in the property market back in force. Deposit & borrowing ability depending, you could benefit from interest rates as low as from 3.94% and those with a smaller deposit could secure a mortgage from 4.89% – tempting, isn’t it? To explore the potential savings resulting from falling interest rates for your dream Seddon Homes property, it is worth talking to a mortgage advisor – one of our friendly Sales Advisors can help you to arrange this.

Take advantage of falling interest rates

The UK’s housing market is constantly changing, but there is a growing potential for buyers today. Falling interest rates present a fantastic opportunity for new home buyers to discover their dream homes at more affordable rates.

We’re dedicated to ensuring that the journey to owning your dream Seddon Homes property is a straightforward, stress-free process. To support you, we’re delighted to offer a selection of guidance and schemes* designed to help you move into your forever home, take a look below:

• Help2Move – Reserve your home for up to 6 weeks before your current property is sold. Our team will assist, advise, and help with agent fees while we help you sell your property.
• Deposit Builder – Reserve your dream home whilst continuing to save for your deposit during the building process.
• Relatives Reward Scheme – Put down a bigger deposit with help from your relatives.
• Select Solicitor – A Seddon Homes referred Solicitor will ensure your conveyancing process is as prompt, professional and straightforward as possible.
• Recommend a Friend – If you recommend Seddon Homes to a friend or family member who is looking to move, we will pay you £500* when they complete their purchase.

We’re also delighted to introduce our recommended panel brokers. As fully qualified and regulated independent mortgage advisors, they’re happy to provide you with invaluable advice and information as you navigate falling interest rates and the mortgage options to buy your forever Seddon Homes abode – all free of charge advice with no obligation.

Find your dream Seddon Homes property today

At Seddon Homes, we are committed to arming you with the knowledge and confidence needed to turn your dream home into a reality. If you’re ready to seize the moment while interest rates are on the decline and unlock the door to your forever Seddon Homes abode, we’re here to help. Start your journey by exploring all of our stunning developments here – whether you’re looking for a cosy 2-bed oasis or a bodacious 4-bedroom home where your family can grow, we’ve got something for everyone.

We’re looking forward to welcoming you into your dream Seddon Homes property. For further information about our perfect properties, get in touch today! Simply fill out our online enquiry form, and one of our friendly Sales Advisors will be in touch. Make your dreams happen in 2024!

*T&Cs apply.

Note: Your home may be repossessed if you do not keep up repayments on your mortgage.

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