Home owners in the borough of Camden, Westminster and Islington will be amongst those hit by last months rise in interest rates. The first increase in more than a decade from 0.25% to 5%. How will this affect home owners? The reality hardly anyone should be affected by the rise, it should be noted that historically we still have the lowest interest rates seen in the U.K and despite the recent rise and increased political uncertainty the British economy is in a decent shape and confidence is growing with serious buyers house hunting in Camden, Westminster and Islington during the holidays. Below you will find three type of buyers we come across throughout the year. Guess which one is booking viewings during the holiday season?

Urgent + Important 
Home buyers with a tight deadline.  An example of this can be a new born baby on the way, relocating  from abroad and want to get settled in etc...

Important + Non Urgent 
Home buyers planning ahead but never the less with a preferred time frame. An example would be first time buyers who are cautious or a couple that want additional room for study room etc...

Non urgent 
An example would be Investors who are looking for a great deal, home owners looking to downsize etc...