Apr 16, 2025

Great News for Homebuyers: Mortgage Rates Drop as Market Opens Up

If you’ve been thinking about making a move, now might be the perfect time. The mortgage market is shifting in the right direction — and it’s already making a real difference for buyers considering a new Kendrick home.

Over the past few weeks, major lenders like HSBC, Barclays and The Co-operative Bank have dropped their mortgage rates, with some deals now dipping below 4%. At the same time, banks are easing their affordability rules, which means many buyers can now borrow more — sometimes by tens of thousands of pounds — making dream homes feel a lot more within reach.

It’s not just about lower monthly payments. Lenders such as Halifax and Lloyds are loosening up their lending criteria, and Nationwide has just reversed changes that made it harder for single applicants to buy. All of this points to a far more buyer-friendly market — and for many, it could be the green light they’ve been waiting for.

So, what does this mean for Kendrick Homes buyers?
Put simply: it’s a fantastic time to take that next step. Whether you’re upsizing, downsizing or buying your very first home, the doors are opening wider. And with beautifully built homes ready and waiting at our sought-after locations — including Minsterley, Evesham, and our new site in Brockworth — there’s never been a better moment to explore what’s available.

We’re already seeing more interest from buyers who had previously put things on hold — now feeling confident to move forward thanks to improved affordability and more attractive deals. It’s exciting to see the momentum building again, and even more exciting to welcome new customers into our communities.

If you’ve been keeping an eye on mortgage headlines, or waiting for the right time to buy — this could be it. Get in touch with our sales team to find out what’s available and how we can help you move with confidence.