In the early months of 2025, lenders are racing to give the best deals to first-time buyers as the sales market gets off to a strong start. Latest data from Zoopla shows the year has kicked off with higher demand that in 2023 or 2024, as property value growth also starts to steady.
In February, some mortgage rates fell below four per cent for the first time since November following the Bank of England’s decision to cut the interest rate another quarter point to 4.5 per cent. This has brought the figure to the lowest in 18 months.
