Spring Into Action With Lower Mortgage Rates

Explore what the latest interest rate cut means for buyers, sellers, investors and remortgagers – and how to make it work for you.

After a strong first quarter, the housing market across London and the South East is maintaining its momentum. The Robinson Jackson Group’s local offices have been active with motivated sellers, committed buyers, and an exceptional choice of quality homes.

With the Bank of England announcing a second consecutive interest rate cut, we expect activity to continue its positive trajectory, with movers exploring their options. The base rate now stands at 4.25%. While house prices remain steady, lower borrowing costs are helping more movers step forward confidently, including first-time buyers, investors, and homeowners looking to remortgage.

In this article, we explain what the latest rate cut means for each audience, where the opportunities lie, and how working with our award-winning sales & lettings teams and our mortgage advisers can help you take advantage of the current conditions.

A Window of Opportunity – But It Won’t Stay Open Forever

This latest rate cut is expected to trigger fresh activity. For buyers, borrowing becomes cheaper. For sellers, more potential purchasers come into play. And for those refinancing, the chance to secure a better mortgage deal is finally back on the table.

But more activity also means more competition. And while property choice is currently excellent, in our experience, a surge in demand will quickly reduce the number of quality homes on the market.

Some movers may hesitate, waiting to see if further cuts follow. But it’s worth remembering that many mortgage deals can be switched right up until completion, allowing you to act now while giving your adviser time to monitor the market and update your product if rates improve further. It's the savvy buyer’s approach – one our teams help implement daily.

Lee Franklin, Branch Partner explains the likely outlook, "All rate cuts so far have injected energy into the marketplace, so we can expect the latest cut to notch up the pace once again. We're encouraging customers to act confidently now and not wait amidst speculation of further drops by the Bank of England. With our Independent Mortgage Advisers (IMAs) on hand, via our offices, there's no need to wait and risk missing out."

Sellers: Be Strategic to Stand Out

For sellers, the spring market offers both opportunity and a clear challenge. The rise in listings means buyers have more choice, so standing out is essential. The answer lies in smart pricing and expert marketing.

As Lee Franklin, Branch Partner at The Robinson Jackson Group, shared with our sales teams this week:

"A sharp asking price draws in buyers and often leads to multiple offers, delivering an enhanced outcome for our sellers. But if priced too high, buyers will simply view other homes they perceive as a better value for money. In today's market, competitive pricing is critical to creating real momentum."

A recent example in Upchurch, Rainham, saw our marketing lead with a property listed at £425,000. It generated so many enquiries that we had six offers within a week, finally selling for £455,000. Interest would have stalled if it had launched at £450,000, and the result could have been much lower.

It’s not just about getting offers – it’s about holding the sale together. In a busy market, new properties appear constantly. Even committed buyers can be tempted elsewhere without the right pricing strategy and a strong Sales Progressor in control. Nothing stops your buyer from continuing to scroll Rightmove and Zoopla for fear of missing out! Our team's job is to maintain the relationships, drive urgency, and manage the process to a successful completion – a skill that makes all the difference.

Buyers: Lower Rates, Higher Opportunity

This is a great time to buy. Interest rates are softening, mortgage products are becoming more competitive, and more properties are available, offering excellent value for money.

The key is to act with purpose and without hesitation. While some buyers are waiting in the hope of further rate reductions, the smart ones are looking to secure the best properties before the summer while keeping their mortgage options flexible until contracts are exchanged.

It typically takes around four months from offer to completion. During that time, our Independent Mortgage Advisers (IMAs) can monitor the market for improved deals and switch products if better rates become available. That way, you move forward confidently, with a degree of flexibility, and without missing your ideal home.

“We’re reminding buyers that mortgage offers can often be switched before exchange. It means you can secure your dream home now – and still benefit from future rate cuts if they appear. That’s how you buy smart.”

Are you a first-time buyer? We’ve created a separate article that explains the latest Stamp Duty rules and how the recent rate cut works in your favour. Read our First-Time Buyer Update here.

Remortgagers: A Timely Chance to Save

If your fixed-rate mortgage is coming to an end – or has already expired – this is your opportunity to reduce your monthly repayments. Many homeowners unavoidably were left with higher-rate deals during the inflation peak. Now, a better deal could be within reach.

Our Independent Mortgage Advisers (IMAs) are actively reaching out to customers who moved 2–3 years ago to offer complimentary reviews. If your circumstances have changed – or even if they haven’t – it’s worth checking what you could save. In some cases, the savings run into thousands throughout your deal.

Lee Franklin, Branch Partner concludes, “We’re offering complimentary remortgage reviews at every office. Often, people don’t realise how much they could save or that a product switch is even possible. That’s where our guidance is so valuable to our customers.”

Investors: Improve Your Mortgage, Boost Your Returns

Buy-to-let investors also stand to benefit from the recent rate drop. Lower interest rates mean improved mortgage options. If a move to a better product is possible, that's more money in your pocket.

Tenant demand remains strong across London and the South East, offering opportunities for increased rents. It's therefore, a win-win situation with higher rents and lower mortgage repayment costs.

Should you be looking to grow your portfolio, the increased choice in property stock creates ideal conditions for purchasing investments offering decent returns. While some investors are put off by the speculation surrounding regulations, the determined are unfazed. Before other investors cotton on to improved mortgage deals, please speak to us about the best opportunities.

Our Investor Community benefits from tailored support, early access to high-yielding properties, and professional lettings advice that maximises returns with minimal hassle. If you’re looking to invest smarter and live better, now is the time to take action.

Dominic Kleywegt, Lettings Partner explains, "The latest rate cut creates real scope for confident investment. With more stock coming to market and borrowing costs easing, we're working closely with our Investor Community to target high-performing properties. We're reviewing their rental income alongside the mortgage outlay for existing landlords to help them improve the balance. We want our investors to earn more, waste less time on regulations and live life to thefullest."

Ready to Make Your Move?

If any of the factors discussed in this article sound like your situation – whether that’s securing a better mortgage, moving up the property ladder, investing wisely, or reviewing your current financial setup – now is the time to contact us.

Our 25 offices are your gateway to a world of property expertise. From Independent Mortgage Advisers (IMAs) to lettings specialists, sales valuers and investment consultants, we’re ready to match you with the right expert for your situation. Getting started is easy, just contact your local office and we’ll introduce you with the right people to help with your plans.

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