TwentyCi Property & Homemover - Q1 2025

Welcome to the TwentyCi Property & Homemover Q1 2025 report, compiled using the most robust, reliable, and factual property change sources available.

In this edition, we will primarily compare the performance of Q1 2025 with the same period in 2024.

Whether you’re an industry professional, an investor, or simply interested in the health of the property market, join us as we navigate the key highlights and fluctuations of this period.

The report includes an overview of the state of the nation and unique insights that encompass:

• Factual data (not modelled or sentiment-based)
• Full market coverage
• Demographic overlay
• Property sales data
• Property rental data

The key headlines for Q1 2025:

• Sales Agreed are 9.3% higher than Q1 2024. Growth is observed across all UK regions, except Northern Ireland, with 326k sales agreed.
• The supply of new instructions is up by 3.7% compared to Q1 2024. We are now consistently averaging c425k  per quarter which can be considered closer to the volume seen in a “normal” market.
• Exchanges are up by over 24% when compared to Q1 2024. A significant number of these transactions will have been driven by the change to the stamp duty threshold that came into effect on the 1st of April.
• The South East is the most challenging area to sell a property. Inner London is no longer considered the least favourable region for property sales.
• A larger proportion of movers in 2025 are at older life stages. Individuals in older life stages accounted for 42% of all homemovers in 2025, making an increase from 37% in the previous year.

“In Q1 2025, the UK property market saw the highest number of new listings in seven years, with strong demand driving a 9.3% increase in sales compared to Q1 2024. Detached houses were particularly sought after, while the average time to achieve a sale and to exchange both increased. Rental stock availability dropped by 16% year-on-year.

In general, there are reasons for optimism but the key questions ahead are what will be the impact of global trade on the UK economy and moreover the impact on employment futures and how mortgage lenders react in terms of lending policy.

Frankly, I have no idea, but with interest rates forecast to fall I suspect cautious optimism will serve us well.”

Colin Bradshaw – TwentyCi’s Chief Executive Officer