Movera comment on inflation data
22 October 2025
Nick Hale, CEO of Movera, said:
“With inflation firmly stuck at 3.8%, only time will tell whether this is the peak of the inflation curve, beating the Bank of England’s most recent forecast. But with the Autumn Budget round the corner, another base rate cut remains unlikely - now is the time to get property transactions moving again.
“Buyers may still be hesitant, but conditions are unlikely to improve. Brokers should take this opportunity to reach out to clients waiting for clarity and emphasise that mortgage rates are unlikely to drop this side of the new year – grabbing a deal now before the Autumn Budget could be the way forward. Meanwhile, for conveyancers, ensuring process efficiency through data sharing and digital solutions will be the key to progressing transactions as quickly as possible and generating some momentum in the market, despite today’s news.”