A property expert has described what 2025 has in store, suggesting that one thing means buyers should be optimistic.

Daniel Chard is a partner at national conveyancing solicitors Bird & Co.

He has forecasted that that interest and mortgage rates will continue their downward trajectory into 2025, building on the trend established in 2024.

Specifically, he anticipates that the Bank of England (BoE) will further reduce its base interest rate, prompting mortgage lenders to follow suit by lowering…