Mortgage Market Update: What Buyers and Sellers in North London & Hertfordshire Need to Know - June 2025

Thinking about buying or selling property in North London or Hertfordshire? Mortgage rates have a huge impact on property affordability and buyer activity - and in 2025, the picture is evolving rapidly.

At Anthony Pepe, your trusted estate agent in North London, we stay ahead of the latest developments, so you don’t have to. Whether you're moving within the area, relocating or investing in a mid to high-end property, understanding the mortgage climate can help you make smarter, faster decisions.

What’s Happening with UK Mortgage Rates in June 2025?

Following the Bank of England’s recent move to cut the Base Rate to 4.25%, mortgage rates have remained steady or slightly declined across several product types. This is welcome news for both buyers and sellers in North London and Hertfordshire.

• Average 2-year fixed rate: 4.64%
• Average 5-year fixed rate: 4.61%
• Lowest available 2-year fixed: 3.85%
• Lowest available 5-year fixed: 3.88%

These competitive rates offer stability in a market that saw fluctuations throughout 2024. It’s particularly good news for buyers considering properties in premium areas like Highbury, Crouch End, Muswell Hill or Hertfordshire locations such as Brookmans Park and Hadley Wood. 

What About Buyers With Larger Deposits?

If you're putting down a 25% - 40% deposit - common in mid to high-value transactions - the picture looks even better:

• At 60% LTV (Loan-To-Value), the average 2-year fixed rate is just 3.97% and 5-year fixed is 4.02%
• At 75% LTV, rates hover around 4.44% - 4.48%

For buyers of family homes, larger period properties or investment flats in our area, this provides excellent borrowing potential with lower long-term repayment commitments.

What Does This Mean for the Local Property Market?

At Anthony Pepe, we’ve seen steady demand in 2025 - particularly for quality homes in desirable locations. Lower mortgage rates are giving buyers more confidence to make offers, especially on move-in-ready homes and those in school catchment areas. Sellers are also benefiting, with fewer price reductions and a stronger pace of agreed sales in popular postcodes like N21, N10 and EN2. If you're thinking about selling your home, now could be the right time to act - before any shifts in mortgage affordability or buyer sentiment later in the year.

Our Advice: Don't Navigate This Alone

Every property journey is unique - and so is every mortgage deal. Our expert team at Anthony Pepe is ready to help, whether you're thinking of:

• Selling your home - get a no-obligation property valuation with us. 
• Buying a new home - explore our latest properties for sale in North London and Hertfordshire. We can also connect you with trusted mortgage advisors.
• Upsizing or downsizing - our local knowledge ensures you make the most of market conditions in North London and Hertfordshire.

Ready to Take the Next Step?

If you’d like a tailored appraisal of your home's market value or simply want to discuss your property plans in light of the latest mortgage rates, reach out to your local Anthony Pepe office today. With award-winning service and deep local expertise, we’ll help you make informed, confident property decisions.

Why Work with Anthony Pepe?

We are more than just North London estate agents - we’re local market specialists, committed to exceptional customer service and bespoke property advice.

• Dedicated teams in North London and Hertfordshire
• Mid to high-end market focus
• Expertise in valuations, sales strategy and negotiation
• Support with mortgage advice, remortgaging and financial planning

Whether you're curious about your home's value or ready to make your next move, we're here to help at every step.

• Find your nearest Anthony Pepe office here.
• Value My Property.
• You can also view the latest Bank of England Base Rate here.

Final Word: Stay Informed, Stay Ahead

The mortgage market may shift again by the end of 2025, with some analysts predicting further base rate reductions. However, right now offers a rare combination of stability and opportunity - particularly for buyers with strong deposits and sellers of well-presented homes.

 

 

FAQs About Mortgage Rates & Selling Your Home in North London & Hertfordshire

 

1. Are mortgage rates in the UK likely to fall in 2025?
   While no one can predict with certainty, the Bank of England's recent base rate reduction suggests that mortgage rates could ease further towards the end of 2025, particularly if inflation continues to stabilise.
2. Is now a good time to sell my home in North London or Hertfordshire?
   Yes - with competitive mortgage deals and steady demand in mid to high-end markets, this could be an ideal time to achieve strong offers from well-financed buyers.
3. How can I find out what my home is worth right now?
   You can request a free, no-obligation valuation with our local experts here: Book a Valuation.