The mortgage market is seeing a shift, with major lenders reducing rates to stay competitive. Banks such as Santander and Barclays have introduced fixed-rate mortgage deals below 4% for the first time since November 2024. This follows the Bank of England’s base rate reduction from 4.75% to 4.5%, creating a more favourable environment for homebuyers.
Why Are Mortgage Rates Falling?
Lenders are actively lowering rates to attract borrowers in an increasingly competitive market. As a result, buyers now have access to more affordable financing options, making homeownership more achievable. This is great news for those looking to buy, particularly with upcoming changes to stamp duty thresholds in April. Acting now could mean locking in a lower mortgage rate and benefiting from current tax savings.
Why Now is the Perfect Time to Buy a Skipton Properties Home:
💙 Lower mortgage rates – Lenders are offering fixed rates below 4%, creating more affordable opportunities.
💙 Beat the stamp duty deadline – Secure your home before April 1st to maximise savings.
💙 Limited availability – Our homes are selling quickly, so don’t miss out!
💙 Move-in ready luxury – High-specification homes designed for modern living.
💙 A trusted, family-run developer – Built with care, quality, and community at heart.
At Skipton Properties, we prioritise quality, craftsmanship, and community. With mortgage rates at their most competitive in months and stamp duty changes on the horizon, there’s never been a better time to invest in your future. Explore our available homes today and take advantage of these exceptional conditions.
Explore our available properties today and take advantage of these favourable conditions to make your dream home a reality.
Sources: thetimes.co.uk & theguardian.com
Pendle Farm – Worsthorne
Bolton Gardens – Silsden
Croft Mill – Foulridge
