Buyer Confidence Returns as Mortgage Approvals Reach Nine-Month High
Mortgage approvals reach a nine-month high, signalling renewed confidence among buyers and fresh opportunity for sellers.
There is encouraging news for homeowners looking to sell, as the latest figures from the Bank of England reveal that mortgage approvals have climbed to their highest level in nine months. According to the data, 65,900 mortgage approvals were recorded in September, the strongest figure since December 2024.
For sellers, this rise signals renewed buyer confidence in the housing market. More approvals mean more people are being accepted for home loans, which translates into a wider pool of potential buyers actively searching for property. This growing momentum can help homes sell faster and, in some areas, support stronger offers.
The increase in mortgage approvals also reflects improving economic stability and easing financial pressures. As interest rates gradually settle and consumer confidence improves, many buyers who had previously paused their plans are now re-entering the market. Estate agents across the country are already reporting busier viewings and more enquiries, suggesting that the final quarter of 2025 could see an uplift in sales activity.
For sellers, the message is clear. With more buyers gaining mortgage approval, conditions are moving in their favour once again. Those considering putting their property on the market may find this an opportune moment to act, especially before increased competition from new listings in the new year.
The rise in approvals marks an important turning point and highlights a market beginning to gather pace. Confidence is returning, buyers are securing finance more readily, and sellers can approach the months ahead with cautious optimism.
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