Home buyers told to act before prices start to rise

Brokers and property experts have said the housing market could be busier than usual this spring, especially for firsttime buyers, on the back the sharp drop in inflation.

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One said falling swap and mortgage rates should “ease some of the pressure on the millions coming off five-year fixed deals”, but another cautioned that the “final whistle” has just been blown on the buyers' market.

In short, buyers may want to act, and act now, before house prices start to rise as the balance of power shifts back to sellers.