In response to the Bank of England Interest Rate published today, 30th July 2026, which held at 3.75%, Nick Leeming, Chairman of Jackson-Stops, comments:
"Today’s decision to hold the Bank Rate avoids adding further immediate pressure on households and gives the housing market continued policy stability.
"For many households, the decision to move is driven by changing family circumstances, employment or lifestyle rather than an attempt to try to time the market. What those buyers increasingly value is confidence that, once they commit, the process will be straightforward, transparent and able to progress without unnecessary delays.
"While holding rates alone will not accelerate market activity, it provides a stable backdrop against which buyers and sellers can make informed decisions. As attention increasingly turns to improving the home-moving process, making transactions faster and more predictable could strengthen confidence and help more households turn their moving intentions into completed sales. Our own research points to an additional 260,000 homes that could be added to the market within a year if more certainty was given the timeline of moving home."
