Ask the ExpertGreenford Quay
Ask the expert…
Join us on Saturday 10th February, where our Independent Financial Advisors will talk you through the latest mortgage rates, how to get the best deal, how to put yourself in the best financial position and when the best time would be for you to buy?
In 2023 inflation increased, mortgage rates rose and the cost of living got tighter – all of which impacted purchasers. The start of the new year has brought about a more positive prediction over mortgage rates and house prices in 2024. According to Rightmove, the number of sales currently being agreed is 20% higher compared to the same period at the start of last year.
The forecast for 2024 looks significantly more positive though. Mortgage rates have continued to reduce from the last quarter of 2023, with the average five year fixed rate mortgage now at 4.44% and the best deal in the five year category at 3.76%**. Experts are predicting they will continue to lower throughout 2024, given anticipated reductions to interest rates off the back of a lower inflationary environment. This will be further exacerbated by competition amongst the major lenders who are keen to secure market share as transaction levels increase given improved affordability metrics.
Book your space at our event on Saturday 10th February between 11am-4pm at our Sales & Marketing Suite at The Lock in Greenford Quay. Places are by appointment only and this event is generally very popular so please do ensure you book a space with our friendly and knowledgeable sales team. To book an appointment please either email firstname.lastname@example.org or fill in your details in the form below.
What’s more, we are launching our brand new show home at the event, and we’ll have sweet and savoury crepes and a bar with soft and alcoholic beverages so you can really take your time to gain as much insight as possible and see for yourself how your life could be living at The Lock.
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