| Spring typically offers an uptick in listings, with 70% of homes listed in February and March completing quickly | Buyers have benefited from stable mortgage rates and a wider selection of homes to offer on | Early preparation is crucial for making informed and successful decisions in a competitive market |
As spring gets under way, the UK property market is looking refreshed. Rightmove1 reports the average asking price rose by 1.7% (£5,992) to £366,189 in January 2025, the best start to the year since 2020. This suggests both buyers and sellers are optimistic about the property market this year.
Why is spring popular with buyers and sellers?
Longer daylight hours and blooming gardens make properties more appealing in springtime, boosting seller prospects. Rightmove says nearly 70% of homes listed in February and March go through to completion, with February homes taking an average of just 51 days to find a buyer.
A buyer’s market
With more homes being listed, buyers have more options and better chances of securing a good deal. Sellers are pricing competitively and mortgage rates have stabilised.
How buyers can get a head-start
Acting early can help buyers beat the competition. Securing a mortgage agreement in principle before starting the search strengthens a buyer’s position when making an offer. A clear budget is essential, considering not just the deposit but also legal fees, Stamp Duty, and moving costs. First-time buyers (FTBs) should also be aware of Stamp Duty changes from 1 April affecting properties over £300,000.
Researching local property prices and neighbourhoods helps buyers assess fair value. Transport links, schools and shops can impact both lifestyle and long-term investment potential. With high demand expected, scheduling viewings early increases the chances of securing the right home before competition intensifies.
Talk to us about your plans
We can help buyers and sellers create a strategy to manage savings, navigate mortgage options and make informed decisions. With strong market conditions and increased choice, now looks a great time to move onto or up the property ladder.
1Rightmove, 2025
As a mortgage is secured against your home or property, it could be repossessed if you do not keep up mortgage repayments.
