“The Bank’s decision to hold the base rate sends a clear signal: stability is the priority when faced with a changeable economic landscape. While a cut would have offered short-term relief to borrowers, this pause allows the market to adjust gradually and with greater confidence over the longer-term.

“Across the Jackson-Stops network, we’re seeing steady levels of exchanges and a healthy flow of new buyer registrations, supported by easing fixed mortgage rates. While those determined to complete before Christmas are already deep into their transactions, cash buyers now have a valuable opportunity, with a wide selection of properties available to them.

“Lifestyle-led moves continue to drive demand in locations like Tunbridge Wells, Chester and Colchester, where long-term value outweighs short-term volatility. Completions remain strong in commuter hubs like Sevenoaks and Hale, reflecting the resilience of micro-markets that offer connectivity, community and quality of life. Across England, transactions are moving at a pace shaped by local dynamics rather than national trends.

“As we enter the final quarter of the year, the message is clear; buyers are committed but now more discerning. The priority for the property market now must be to offer stability that can breed confidence and ultimately fuel completions."