💷 Stronger Borrowing Boosts Buyer Confidence — and Brings New Opportunities for Herne Bay Sellers
Latest Bank of England figures show mortgage borrowing is on the rise, signalling renewed confidence among buyers and fresh optimism for sellers.
The housing market has received a welcome lift this autumn, as new data from the Bank of England reveals that net mortgage borrowing rose sharply to £5.5 billion in September 2025, up from £4.3 billion in August. This increase marks one of the strongest months of growth this year, suggesting that buyers are returning to the market with greater confidence and financial readiness.
🏡 Buyers Are Borrowing More — and Moving Forward
Rising borrowing levels reflect improving sentiment across the property market. As lenders show more willingness to support new mortgages, buyers are becoming more proactive about securing their next home. Mortgage approvals also rose to around 65,900 in September, reinforcing the trend toward growing activity and stability.
For homeowners in Herne Bay, Whitstable, and across East Kent, this renewed buyer momentum is positive news. A stronger mortgage market means buyers are better prepared, chains are more stable, and transactions are less likely to fall through at the financing stage.
📊 What It Means for Sellers
When borrowing activity increases, it often translates into more competitive offers and a faster-moving market. Sellers who price their homes realistically and present them well are likely to attract serious buyers who are financially ready to proceed.
While borrowing remains below the record highs seen during the pandemic, the steady improvement in both lending and approvals suggests a market that’s returning to balance rather than volatility — a healthy sign for anyone planning their next move.
🌅 A Positive Outlook for East Kent
The combination of rising buyer confidence, lender support, and continued demand for coastal living makes this an ideal time for sellers to take action. With autumn in full swing, motivated buyers are keen to move before the end of the year — and properties in sought-after areas like Herne Bay, Whitstable, and Canterbury are attracting strong interest.
📞 Thinking of Selling? Let’s Talk
If you’ve been considering putting your property on the market, now could be a great time to take advantage of the renewed confidence among buyers. Our team is here with honest advice, free valuations, and expert local insight to help you get the best result.
- 📍 Visit us: 112 High Street, Herne Bay
- 📞 Call us: 01227 362248
- 🌐 www.davidclarke.co.uk
