The big move – one in six relocating in 2025
One in six homeowners are planning to relocate this year. Key priorities include garages, gardens, and utility rooms. Many renters are aiming for homeownership, but affordability remains a concern, with many relying on family support for a purchase.
Residential Property Review – June 2025
May marked the busiest UK housing month since March 2022, signalling renewed momentum. Prime Central London softened amid tax changes, while outer markets stayed resilient. A £39bn pledge for affordable housing could significantly boost supply, though delivery challenges remain.
UK mortgage market strengthens
The UK mortgage market saw a late 2024 boost, with home purchases up 15.6% on the previous year. Lower mortgage rates drove demand, though remortgaging fell by 9%. With 1.8 million deals expiring in 2025, activity may rebound.
“The versatility of equity release in addressing diverse financial goals”
Confidence seems to be returning to the equity release market, with total lending topping £622m in Q4 2024. Homeowners are unlocking their property wealth for various reasons, such as home improvements and retirement income. Professional advice is essential.
UK cities see strong property market growth
UK cities saw strong property market growth in 2024, with Sunderland, Leicester, and Liverpool leading. London, though active, experienced slower growth compared to other regions. Many regional markets are likely to remain competitive in the months ahead.
Is retiring with a mortgage the new normal?
Retiring with a mortgage is increasingly common due to rising rates putting a strain on affordability. Options such as overpayments, switching mortgages, or lifetime products can ease the burden. Expert advice is key to managing debt and securing financial stability.
Spring property market insights
It’s been a strong start to 2025, with average house prices up 1.7%. Buyers are benefitting from more choice, while sellers are pricing competitively and mortgage rates are stabilising. Acting swiftly can help buyers secure their ideal home.
Residential Property Review – May 2025
UK house prices are forecast to rise by 3.5% in 2025 as rate cuts support demand. March sales surged ahead of Stamp Duty changes. Meanwhile, buy-to-let investors increasingly favour the north, drawn by lower costs and stronger rental yields.
Significant gains for UK homeowners over two decades
Over the past 20 years, UK properties have increased in value by an average of £80,000. High-demand areas like the Cotswolds and South East saw the most significant gains, driven by location, infrastructure, and lifestyle changes, highlighting market resilience
Equity Release growth trend continues
The equity release market continues to return to growth, with £615m unlocked in Q3 alone. Average loan sizes rose, reflecting increased confidence among homeowners over 50. Equity release offers financial flexibility but requires careful consideration of personal circumstances