With the November autumn budget just around the corner, many buyers are wondering whether to move now or wait. While it’s natural to feel cautious, the reality is that the weeks leading up to the budget could be one of the best times to buy – especially in the new build market. Lower competition, motivated sellers, and flexible mortgage options are creating opportunities that buyers may not see again once confidence returns.

Here are the five best reasons to start your homebuying journey today.

  1. More Choice and Negotiating Power

Because some buyers are sitting on the sidelines, there’s currently less competition for available homes. Recent RICS reports have shown periods of softer buyer demand, giving purchasers more room to negotiate, meaning sellers – including housebuilders – are more open to negotiation and incentives. For buyers, this creates the chance to secure a better deal, whether that’s a discount, a part-exchange, or extras like fitted flooring or upgraded kitchens.

 

  1. Mortgage Rates Are Attractive Now

The Bank of England has cut rates five times over the past year, and while rates aren’t as low as they were a few years ago, they’re still more competitive than many predicted. Locking in a mortgage deal today gives you certainty and peace of mind, especially if the budget introduces measures that affect lender confidence. Acting sooner also means you avoid the risk of missing out if rates move again later.

  1. New Builds Offer Stability and Value

In times of uncertainty, new build homes have strong appeal. With fixed prices, energy efficiency savings, and modern guarantees, buyers know exactly what they’re getting – with no hidden renovation costs down the line.

Average house prices in Oxfordshire for September 2025 are around £606,000 according to major property portals, with typical prices in Oxford itself even higher – around £680,000. New builds often command a premium because of their quality and efficiency. Buying now ensures you lock in today’s price before demand picks up again.

  1. Landlords Are Selling, Boosting Supply

August saw a 31% drop in rental listings, as many landlords decided to sell before potential tax changes. For buyers, this is adding more homes to the market and expanding choice. Developers are also keen to secure buyers ahead of November, which means the next few weeks are a great window to explore new build developments and take advantage of limited-time offers.

  1. Confidence Could Return Quickly After the Budget

While some are delaying their move until the budget, this could actually push demand up later. In July, average house prices in England were already 2.7% higher year-on-year at £292,000, showing the underlying market remains strong. If the budget doesn’t bring major property tax changes, buyer confidence is likely to bounce back – which could mean higher prices and more competition in early 2026. Buying now puts you ahead of the curve.

    Practical Tips for Buyers

    • Explore developer incentives: Many housebuilders are offering deposit boosts, part-exchange, or upgrades to attract buyers right now.
    • Secure a mortgage early: Lock in today’s rate and protect yourself from future changes.
    • Act with confidence: With fewer buyers in the market, you have more choice and leverage.
    • Think long term: Focus on the lifestyle and energy savings of your new home, not just short-term market noise.
    • Visit developments such as Graven Hill now: Builders often have the best offers available before peak demand returns.

    Final Thought

    The run-up to the November budget is a unique opportunity for buyers. Lower competition, motivated sellers, and strong developer incentives all mean that acting now could save you money and secure your dream home. New builds in particular offer peace of mind, modern living, and excellent value – and waiting could mean facing higher prices and more competition once the market picks up again.

    In short? if you’re ready to buy, now is the time to move.