Welcome to our Spring 2025 quarterly issue of The Mortgage & Property Magazine
Two-thirds of these homeowners significantly underestimate its worth, costing themselves substantial financial benefits. Research indicates that this widespread undervaluation leaves many homeowners at a disadvantage when it comes to unlocking their property’s potential. The study revealed that 64% of homeowners are unaware of the equity they have accumulated over the years. Additionally, more than one-third undervalued their homes by £100,000 or more. Read the full article on page 68.
The Spring Statement 2025, delivered by Chancellor Rachel Reeves on March 26, has ignited reactions throughout the property and mortgage sectors. On page 76, with the UK economy still facing numerous challenges, we look at the introduction of measures aimed at enhancing housing availability, stabilising market conditions, and addressing affordability. But what does this imply for homeowners and prospective buyers?
Climbing onto the property ladder is a significant milestone. However, for many first-time buyers, grasping the concept of mortgages can feel overwhelming. Turn to page 23 and read our guide to understanding the basics and exploring various options that can make the process smoother and less intimidating. With a clear plan and appropriate advice, purchasing your first home can become a reality.
Mortgage holders and prospective homeowners in the UK will closely monitor interest rates throughout 2025, hoping for a reduction in borrowing costs following a prolonged period of high rates. The Bank of England has recently provided some insight into its policy direction and outlook. But what does this mean for mortgage rates? Will variable-rate mortgage holders experience any relief? Find out on page 33.
A complete list of the articles appears on pages 03 to 05.
Are you looking to buy your first home, plan a move, refinance your mortgage, expand your property portfolio, or secure insurance?
Our team of skilled professionals is here to support you at every stage. With personalised guidance tailored to your unique needs and objectives, we are dedicated to making the process clear, seamless, and stress-free. We hope you enjoy reading our latest issue.
