If you're thinking about selling your home — or buying one — you're not alone in wondering, Is this the right time? Lately, confidence in the housing market has dipped a little, but don't worry — there’s still a lot to feel good about, whether you're selling, buying, or just starting to plan your next move.
What's Going On With the Market?
A recent survey showed that fewer people feel it’s a great time to buy a home right now. Between higher mortgage payments, bigger deposits, and the return of higher stamp duty costs, it’s no surprise that buyers are feeling a bit cautious.
But here's the silver lining: times like these often bring out the most determined buyers and sellers. People who are moving now are serious, thoughtful, and ready to act — which can actually make the process smoother for everyone involved.
If You’re Thinking About Selling...
● Good News on Home Values: Home prices are holding steady, and nearly half of people expect them to keep climbing over the next year. If you’re selling, that means there’s still a strong chance to get a great price for your home.
● Motivated Buyers Are Still Looking: While there may be fewer casual shoppers, the ones who are out there are more committed. They know what they want, and they're ready to make serious offers.
● First Impressions Matter: Since buyers are being extra careful with their budgets, making your home shine (with a little fresh paint, a tidy garden, or a cozy staging) can really pay off.
If You’re Planning to Buy...
● Mortgage Rates Are Getting Friendlier: After some recent interest rate cuts — and with more likely on the way — getting a mortgage is slowly becoming more affordable. Better deals could be just around the corner.
● More Homes Coming Soon: With new efforts to build more houses and fix the planning system, there should be more choices opening up for buyers later this year and beyond.
● Start Strong: Saving for that deposit might feel tough, but every little bit helps. Exploring first-time buyer programs or talking to a mortgage adviser early can help you figure out your best options.
A Look Ahead
It’s true that the market has its challenges, but there’s real progress happening too — from new housing developments to changes aimed at making buying easier for first-time homeowners.
If you're selling, it’s still a great time to showcase your home and attract the right buyers. If you're buying, staying patient, informed, and ready will help you make the most of new opportunities as they come up.
No matter where you are in your journey, remember: there's always a path forward — and with the right plan, your next chapter is closer than you think.
At David Harris & Co, we understand what makes Finchley unique. Whether you’re buying, selling, or renting, our local expertise ensures we can guide you to the best decisions for your needs.
Ready to explore Finchley’s property market? Contact David Harris & Co for expert advice and a stress-free experience. Call us on 0208 346 9122 to get started. Let’s make Finchley your next home.
