The UK property market is looking forward to a vibrant start in 2025, with experts predicting a surge in mortgage approvals and buyer demand in early Q1. For those interested in property investment and buy-to-let opportunities, the start of the new year might be the ideal time to explore the market, especially as interest rates are projected to dip further, enhancing buyer confidence.
According to data from GetAgent.co.uk, the first quarter has historically been the busiest time for mortgage approvals. Between January 2021 and September 2024, mortgage approvals have averaged an impressive 67,564 per month during Q1. This figure only slightly drops in Q2, averaging 66,503 per month. While the rest of the year shows a decline in approvals, this early-year momentum is a significant indicator of strong market performance, ideal for both homebuyers and buy-to-let investors.
In addition to mortgage approvals, buyer demand also rises early in the year, with Q2 seeing the highest percentage of homes under offer. GetAgent’s research reveals that 58.2% of properties listed in Q2 find buyers, an increase from Q1’s already impressive 55.4%. For property investors, this means that early-year activity can lead to faster transactions and greater competition among buyers, supporting stable or rising property values.
Colby Short, Co-founder and CEO of GetAgent, explains that this seasonal trend in the UK property market provides consistency, allowing estate agents and investors to plan effectively for the year. With anticipated reductions in interest rates, a further boost in market activity is expected, especially as 2025 unfolds. This consistent pattern reassures investors that opportunities are abundant, particularly in the initial months of the year.
For those considering buy-to-let or property investment, the start of 2025 offers a unique opportunity to capitalise on the market’s cyclical strength. With interest rates anticipated to lower further, investors could benefit from attractive mortgage terms while facing a demand-driven market.
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