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Bank of England rate cut spurs home moving activity: Data reveals a 19% increase in buyer demand

Couple outside bringing in personal belongings into new property

Recent data suggests great improvement for the housing market in England.

As stated by The Negotiator in a recent article, the interest-rate cut by the Bank of England has sparked a dramatic new surge in inquiries from house buyers – prompting Rightmove to revise its house price forecast for 2024.

Read on to discover the latest market trends, news, and what this could look like for you.

Looking for a new role in property? We have some fantastic career opportunities available!

Gateway employees full portrait outside Gateway House office

In every aspect of our business, Gateway is expanding and growing!

Whether you are a qualified Chartered Surveyor that’s ready for a new challenge, a Property Manager ready to embark on the next rewarding chapter of their career, a cleaner/gardener with the skillset to take care of prestigious developments, or you are new to the industry and looking for your first administrative role, look no further than a fulfilling career with Gateway!

With our network of regional offices in Southend-on-Sea, Leigh-on-Sea, Mayfair and Leeds, we have a wide-range of job opportunities available all over the country.

Check out our careers page below!

What does a general election mean for your sale? We explore the political impact on the UK housing market

Exterior view of parked cars outside street

The announcement of an upcoming UK general election has caught many by surprise.

On 4th July 2024, the British public will take to the polling stations to vote for their political party of choice. For some industries, general elections can bring a sense of uncertainty. Will the housing market be impacted by the news?

As Zoopla reports, the election announcement is likely to stall the pace at which new sales are being agreed to in the coming weeks.

Most buyers who are close to completing on a house will ideally want to push through and agree a sale now. Those who are earlier in the process may look to delay decisions until the autumn after the election is over.

Is this simply a short-term concern or are the effects wider reaching? Read on to find out more.

Showcasing our services: Another successful event for Gateway in Leeds!

Gateway employees at company events in Leeds

We had the exciting opportunity to exhibit at the latest UK Real Estate Investment & Infrastructure Forum (UKREIIF) at the Royal Armouries Dock in Leeds.

Spanning 3 days, it was a pleasure to promote our wide range of property services to prospective new clients and customers.

We were delighted to take part in an event that has such a diverse range of property-related businesses and people under one roof.

We wowed attendees with the scope of our in-house offering, including:

  • Commercial & Residential Management
  • Block Management
  • Sales & Lettings
  • Facilities Management
  • Insurance Brokers
  • Financial Advisors
  • Solicitors
  • Surveyors
  • Company Services
  • Energy Management

For more information on our services, make sure you visit our website – gatewayplc.co.uk, or call us – 01702 443 555.