The Market

Spring is around the corner and more sellers are emerging, but three quarters of existing stock is still overpriced, reports West Sussex & Hampshire buying agent Jennie Hancock.

Growth in buyer demand has 'lost a bit of momentum', says the RICS - but most property agents expect things to pick up later in the year.

A whole combination of factors - including stretched affordability, mortgage rates & non-dom changes – are acting to restrain prices in the capital, reports Acadata.

Nearly 50% more sales listings have seen asking price cuts so far in 2025 than in the first six weeks of 2024.

'We're seeing encouraging signs in the land market,' says Knight Frank; 'housebuilders are entering 2025 with a little more optimism compared to this time last year.'

Supply is building but buyers remain hesitant as economic risks linger, explains the agency's Tom Bill.

Service charges have outpaced inflation to become many leaseholders' biggest household bill after the mortgage, says Hamptons.

SW6 & SW3 saw more £2mn+ sales than any other prime London postcodes last year.

The Housing Ministry is aiming for 'a fully digitalised home buying and selling process.'

There's been a 'fundamental change' in the UK property market over the last 25 years, says Savills.

Your essential five-minute briefing on the latest movements and commentary, featuring data and analysis from Coutts, Investec, Savills, Knight Frank, Rightmove, LCP & more...

Savills reports 'robust demand' for luxury residences from both domestic & international buyers.