Hi everyone, Emma here from Indigo Greens Estate Agents – and I’ve got some very exciting news to share today!

As expected, the Bank of England has officially cut the base rate to 4.25% today in their latest May announcement – a positive move that’s set to make a real difference, especially for first-time buyers looking to get onto the property ladder.

This change is likely to lead to more competitive mortgage deals and slightly lower monthly repayments, which could make buying your first home more affordable than it’s been in a while. It’s the kind of news that gives the property market a lovely spring boost—and if you’ve been thinking about buying, now could be the perfect time to take that next step.

At Indigo Greens, we’re especially excited because we currently have a fantastic selection of two-bedroom homes available in York and the surrounding villages. These properties are ideal for first-time buyers—affordable, charming, and located in some of the area's most desirable neighbourhoods.

Whether you're dreaming of a cosy terrace in York or a peaceful village home with countryside walks on your doorstep, we’d love to help you find your perfect place.

Thinking about buying your first home? Let’s chat! We’re here to guide you every step of the way—with honest advice, local expertise, and no pressure.

Pop into the office, give us a call, or drop us a message. Your new beginning could be just around the corner.

Property Stats for York:

Conveyancing in York: The average conveyancing period in York is approximately 112 days, which is notably shorter than the UK national average of 154 days.
Time to Find a Buyer: As of May 2025, the average time to find a buyer in York is approximately 60 days, aligning with the national average. Keep in mind, this figure can vary based on property type, pricing, and market conditions. The dynamic nature of the market means factors like realistic pricing and effective marketing strategies can significantly influence how long it takes to secure a buyer.
Average House Prices in York (Rightmove data, May 2025):
- Overall average: £322,109
- Semi-detached homes: £319,813
- Terraced homes: £315,147
- Flats: £209,959