Market Reports

August delivered some fantastic holiday weather but did the property market sizzle like the summer? There were certainly good things to report from the mortgage market. Moneyfacts said the average two-year, fixed mortgage rate dropped below 5% for the first time in three years. The new average rate of 4.99% is great news for those who like the certainty of a regular repayment amount. 

High summer has arrived but is the UK property market running hot? After digesting the latest round of reports, the verdict is we’re in a stable period. The absence of drastic highs and lows seen in previous years is great news for home movers.

It certainly was a flaming June but did the property market also run hot? We have digested the information and figures published in the month. Here’s the current state of play as we head into the second half of 2025. 

Where are we moving to, how much is it costing us and what’s the market like? We take a look at the key property reports and research released in May to provide you with a sales and lettings overview. Let’s start with house prices.

While spring is usually one of the property market’s busiest seasons, 2025 looks set to be a little different. As well as being brisk for both sales and lettings, this April was an important time for setting the scene ahead of summer. Future property prospects look fascinating.

Brighter days and warmer temperatures are often the catalyst for increased property activity and last month was no different. Rightmove’s March House Price Index saw all its vital metrics increase. The figures provide a positive market overview. 

Just like that, February was over. While it can feel like a quiet month squashed between the New Year rush and the spring peak, February 2025 had a micro-climate all of its own. As well as home movers pushing to complete before the stamp duty deadline on 31st March, we were noting the buyers of the future.

The new year got off to a busy start across all our departments. We eagerly awaited the first property reports of 2025 to assess the health of the wider market. The verdict? There are many positives to take away, starting with a sales market bubbling with interest.

December marked the end of an interesting period for the property market. The 12 months were underpinned by a change to the English Government, inflation closer to 2% and a decreasing base rate. The year was, however, tempered by what might lie ahead in 2025.

With the end of the year almost in sight, people would be forgiven for focusing on Christmas. This November, however, felt very different. A 0.25% cut to the Bank of England base rate at the start of the month set a positive tone.

What are your take-aways from the Autumn Budget? The fuel duty freeze or cheaper draught beer from the pub? Mentioned in the address were a few property-related items. If you own a home, the announcement concerning inheritance tax should be of interest.

As the season’s change, so do attitudes to moving home. We noted a positive shift in September, with more movers getting in touch. We’re happy to say the industry’s leading metrics also reflected this air of optimism.