UK Property

At the end of last year, with mortgage rates falling, Sarah Brown started searching for a home to buy on the Isle of Wight. But she was conflicted: she expected them to drop further — and the longer she waited the better the deal she would get. “At the same time,” she says, “if mortgage rates came down, I was worried that prices would increase and I’d end up paying more.” When she spotted a home for sale at an auction in January, she decided to act, winning with a bid...