01 August 2024 ·
The Bank of England has just announced that it will reduce the Base Rate to 5% this month, the first cut in four years. Find out what it can mean for you.
The Bank of England has just announced that it will reduce the Base Rate to 5% this month, the first cut in four years.
If you're looking to make a move in 2024, this news could positively impact your affordability and monthly mortgage repayments.
Thinking of waiting a little longer to see if they drop further? Torc24, our recommended mortgage advisor has said:
"We always advise our customers that we can lock in the best rate now, giving you peace of mind when you reserve your property. Think of this as a worst case scenario. Around a month prior to completion, we will re-assess the mortgage products available on the market and get you a better rate if possible ahead of completion."
To find out what these reducing rates could mean for your home buying journey, click here to read an article by Rightmove.
Get in touch with our sales team today to begin your discussions and find out how we could help you onto property ladder this year.
Dock28
London, London
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No of bedrooms
1-3
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Price
From £335,000
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Est. completion date
October - February 2025
Dock28 is an exciting new development comprising 216 studio, one, two and three bedroom apartments and three bedroom duplexes, located in the Royal Borough of Greenwich. These stylish new homes occupy a prime location just a 4 minute walk to the River Thames in the historic naval and military town of Woolwich, named one of the "Best Places To Live" in 2023 by The Sunday Times, with fantastic transport connections on your doorstep. Final phase now launched.
The Green at Epping Gate
Loughton
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No of bedrooms
1-3
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Price
From £285,000
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Est. completion date
February - November 2024
A collection of spacious and stylish studio, 1 & 2 bedroom apartments and 2 & 3 bedroom duplexes, designed with modern life in mind. Perfectly located close to beautiful Epping Forest, yet within easy reach of the bustle of town, The Green offers you a truly superb place to call home. Here, you are within the desirable ‘Golden Triangle’ of Loughton, Buckhurst Hill and Chigwell, where high street stores, luxury boutiques and chic restaurants make everyday life a real pleasure. You are also close to excellent transport links and local amenities.
Park Quarter
Barnet, London
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No of bedrooms
1-3
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Price
From £345,000
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Est. completion date
September - November 2024
Park Quarter is a collection of 1, 2 and 3 bedroom apartments and 2 bedroom duplexes in Barnet, one of London's most desirable areas. Just a 4 minute walk from New Barnet station for National Rail services into Moorgate in less than 30 minutes, with a host of amenities, restaurants and open spaces right on your doorstep. 40% of homes now sold!
The Silverton
London
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No of bedrooms
1-3
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Price
From £350,000
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Est. completion date
September - February 2025
One Goodmayes
Ilford
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No of bedrooms
1-2
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Price
From £250,000
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Est. completion date
November - March 2025
Welcome to One Goodmayes, a new development of studio, one & two-bedroom apartments enviably located on the High Road, just a 7 minute walk to both Goodmayes and Seven Kings stations, with direct access to the Elizabeth line. This prime location offers unbeatable travel times including a quick 13-minute commute to Stratford, a 21-minute journey to Liverpool Street and under 1 hour to Heathrow Airport. Discover a vibrant community and enjoy the convenience of living in Zone 4, with a range of local amenities within easy reach.