Published: 10/04/2025 By David Price
‘In the midst of every crisis lies great opportunity’.The above quote is often attributed to Albert Einstein and seems apparent considering the recent turbulence in the financial markets following President Trump’s application of tariffs.
Whilst stock markets worldwide have been in flux, a positive development for the property sector is that several UK banks and building societies have started to reduce borrowing costs this week, with products now available below 4%. Barclays, TSB, and Coventry Building Society have all reduced their rates since Monday, and the expectation is for other institutions to follow suit.
Cheaper borrowing costs typically result in more buyers coming to the market, which will help sales recover after the recent change in Stamp Duty. Symonds & Sampson works with several reputable mortgage advisors for those looking for finance and can offer a wide range of advice on all property matters.
David can be reached on 01258 452670, or contact our colleagues at your nearest Symonds & Sampson office, where our experts will be pleased to assist you.