Published 30th January 2025

In this month’s report:

• The 2025 housing market has started stronger than in 2024 and 2023, indicating improved buyer confidence.
• Buyer demand is up 13% year-on-year, with 10% more properties available and 12% more sales agreed—boosting mortgage lending opportunities.
• The removal of stamp duty relief from April has boosted first-time buyer demand in price bands with steepest tax increases
• UK house price inflation is running at +2.0% versus -0.9% last year
• Price inflation ranges from 7.7% in Northern Ireland and 3.2% in the North West to 1% in the East of England
• There has been an increase in people looking to buy now or in next 2 years – 22% of renters and 17% of homeowners, signalling continued mortgage opportunity.

Access the full report below, as well as our London House Price Index and detailed price metrics for 65 cities across the UK.