As we step into 2025, the UK property market is generating optimism among estate agents and market analysts alike. A recent survey conducted by agency comparison service GetAgent reveals that a substantial 76% of estate agents believe the market will continue its recovery, citing increased transactions, improved mortgage accessibility, and modest price growth as key factors driving the trend.
The survey highlights that 67% of agents expect property demand to rise, while 64% anticipate this will lead to a notable increase in completed transactions throughout the year. Despite challenges faced in 2024, such as higher mortgage rates, the market has shown resilience, with growing buyer activity and steady property value increases.
While the upcoming stamp duty relief threshold changes on April 1 may create a temporary dip in activity, 67% of agents are confident the market will bounce back quickly. This positive outlook underscores the strength and adaptability of the UK property sector.
Colby Short, co-founder and CEO of GetAgent, reflects on the past year and the promising outlook for 2025:
“Market conditions have been far from ideal in 2024, with buyers facing challenges from higher mortgage rates. Despite this, it has been a year of overall positivity. We’ve seen increased buyer activity, and property values have grown at a more measured pace. The consensus is that 2025 is set to bring more of the same, with the current market recovery continuing.”
For investors, this steady recovery presents opportunities to enter or expand in a market poised for growth. The combination of rising demand, more accessible financing options, and continued price increases makes the UK property market an appealing choice for long-term returns.
The positive sentiment among estate agents points to a strong year ahead for the UK property market. With buyer demand on the rise and an anticipated increase in transactions, 2025 is shaping up to be a promising year for property development and investment alike.
Magnate Assets will be here to guide you through these opportunities, offering expert insights and connecting you with lucrative developments to maximize your investment potential.