Welcome back to another week of Stentons Property blogs! This week we’ll be looking at what’s been shaping the property market this week.

1. Mortgage Rates Stirring Again
The biggest talking point has to be mortgage rates. After a short period of relative calm, we’re starting to see lenders adjust rates upwards again in anticipation of interest rate decisions. For buyers, especially first-timers, this creates a sense of urgency — but also a bit of hesitation.

2. Rental Market Still on Fire
Rents continue to climb (this is the fifth straight month of increases, by the way!). This is putting pressure on renters, many of whom are now contemplating buying sooner than planned — ironically at a time when mortgage costs are rising. It's creating this strange tension in the market where both rental and purchase routes are feeling increasingly expensive.

3. Limited Housing Stock
Stock levels remain low — painfully low in some areas. This is propping up property values and creating fierce competition, especially for homes under £400,000.

4. Political Noise (and Potential Policy Shifts)
With whispers of an upcoming election and ongoing debates about housing reform, there's a level of uncertainty that always trickles into buyer and seller sentiment. People are asking: Will there be another stamp duty holiday? Will planning rules change?

5. Seasonal Movement Starting Early
Interestingly, we’re seeing a bit of early summer activity — maybe a post-Easter rush, or maybe just people adjusting to the “new normal” of the market. Whatever the cause, more homes are being listed and more buyers are out looking than is typical for this time of year. It feels like the market wants to move — even if it’s moving cautiously.

So, what’s shaping the market this week? In short: rates, rents, low supply, policy uncertainty, and early seasonal momentum. If you're feeling unsure about whether now is the right time is to make a move, you're not alone!

As always, if you’re looking for a second opinion or just want to talk through your options, feel free to contact us!

Until next time, happy house hunting!