The UK housing market is anticipated to experience a buoyant autumn, driven by a potential interest rate cut and enhanced political stability, experts suggest.
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Lower mortgage rates, resulting from a likely loosening of monetary policy by the Bank of England, could act as a catalyst for buyers to re-enter the property market, according to property search website Rightmove.
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Rightmove reported that property market activity remained robust over the last month, despite the general election distraction. The number of sales agreed was 15 per cent higher compared to the same period last year, with an additional 3 per cent of new sellers entering the market.
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