No Excuses: Why 2025 is the Year to Make Your Move
In 2024 we saw firsthand how hesitant many potential buyers and sellers were. The uncertainty surrounding interest rates and the anticipation of a pivotal election year left many people sitting on the sidelines. After a successful start to 2025, it’s time to put those hesitations aside. Here’s why we think there’s no better time to make your move!
Stable Interest Rates
In 2024, prospective buyers waited anxiously to see how interest rates would shift. However, experts predict that 2025 will bring little to no significant changes in this area. This stability provides a clearer picture for those looking to secure a mortgage.
Locking in a fixed rate now means you know where you are and what your costs will be without fearing sudden spikes.
The message is clear: waiting for rates to drop significantly isn’t a strategy that’s likely to pay off. Instead, take control of your housing journey and secure a mortgage at a rate that you can afford.
A Calmer Political Landscape
The 2024 global election cycle was a pivotal moment, and understandably, many people held off making big decisions until the dust settled. Now, whether you’re a fan of the current government or not, there’s a sense of political stability that was missing last year. A stable political climate often leads to greater confidence in the property market, making it an opportune time to move forward with your plans.
Escalating Rental Costs
Rents have reached record highs across the UK, and Sussex is no exception. For many, renting has become an unsustainable financial drain, with monthly payments often exceeding the cost of a mortgage. By stepping onto the property ladder in 2025, you’re investing in your future rather than someone else’s. With interest rates stable and lenders keen to work with buyers, if you are in a position to do so, now is an excellent time to transition from renting to owning. There is a real sense of achievement knowing that your monthly payments are building equity in your own future.
Busy Start to 2025
We may only be a few months in but so far 2025 has been bustling with stunning homes hitting the market across Sussex. Whether you are looking for country homes, period townhouses, seafront apartments or contemporary new homes, there’s something for everyone.
With more property coming to the market there will be increased competition but with fewer moves taking place in 2024 we believe this will lead to a balanced market rather than one weighted towards buyers or sellers. Whether you're buying, selling,or both, working with an experienced estate agent can help you navigate this competitive landscape and secure your dream move.
Make 2025 Your Year
Life is too short to keep putting off major decisions. If 2024 taught us anything, it’s that waiting for the “perfect” moment can lead to missed opportunities. With the market showing promise and the factors that caused hesitation last year in the past, 2025 is shaping up to be a fantastic year for buyers and sellers alike.
Practical Tips for Moving in 2025
If you’re ready to make your move this year, here are a few tips from your Sussex Property Experts to help you get started:
Get Your Finances in Order
Speak with a mortgage advisor to determine your budget and get a clear understanding of what you can afford. We always recommend speaking to an independent who can look at your individual circumstances and find the right path for you. Having finance arranged could put you ahead of other buyers if you end up competing for the same property as others.
Consider the Long-Term
Think about your future needs and choices when choosing a property. Look for a home that will grow with you and remain a good investment.
Work with a Local Expert
An experienced estate agent can provide invaluable insights into the local market and advise you on buying and selling.
Don’t Skip the Research
Take the time to explore different areas and property types to ensure you’re making the right decision for your lifestyle. Go out and view, you don’t know until you see something. We often meet people adamant that they must have something specific but end up buying something totally different! You won’t know it’s The One until you see it!
Final Thoughts
2025 is a year of opportunity for those looking to buy or sell property in Sussex. The stability in interest rates and politics, combined with the soaring cost of renting, creates a compelling case for taking action now. Add to that a thriving property market with stunning homes on offer, and it’s clear that there’s no reason to wait.
Don’t let another year pass you by. Make 2025 the year you find your dream home and take control of your financial future. Contact Oakley Property today and get moved!
