The Bank of England’s decision to reduce the base interest rate to 3.75% offers welcome momentum for the housing market as we move into the new year. With borrowing costs easing, many lenders are already adjusting mortgage products, helping improve affordability and confidence for buyers considering their next move.
For those looking at new build homes in Gloucestershire and Worcestershire, this shift comes at a particularly good time. A lower interest rate environment, combined with greater choice and availability, means buyers can secure a high-quality home while conditions are moving in their favour.
At Kendrick Homes, a range of thoughtfully designed homes are available now across our developments, offering energy-efficient construction, modern layouts and carefully chosen locations close to local amenities and transport links. For buyers weighing up their options, this creates a strong case for acting sooner rather than later.
Kirsty Darby, Head of Sales at Kendrick Homes, said:
“We’re seeing renewed confidence from buyers as interest rates continue to settle. With homes available across our Gloucestershire and Worcestershire developments, the new year presents a great opportunity for purchasers to secure a Kendrick home while the market is responding positively.”
With improving lending conditions and homes ready to reserve, the months ahead could be an ideal time to take the next step towards a new Kendrick home.
Buyers should seek independent financial and mortgage advice before making any purchasing decisions. Kendrick Homes does not provide mortgage or financial advice, and affordability will depend on individual circumstances.
