A number of factors have converged to make right now a great time to sell your London property. While spring is always a popular time for buyers, the activity this year has soared meaning demand is sky high. Some factors that are pushing demand in London so high right now are: Traditional spring property buying season.
Should I sell my house now or wait until 2025 in the UK?
While some sellers are holding out for a market rebound, most experts expect only gradual price growth in 2025. Waiting might not lead to higher offers, especially if you're also planning to buy again. If you're ready to move, focus on positioning your property smartly.
Since demand outweighs supply, housing prices are higher, and homes sell faster. Meanwhile, the worst months to sell a house are November through March or during fall to winter, when potential buyers are preoccupied with holiday plans. Sellers should expect lower sales prices and higher DOM during these months.
Why are houses not selling at the moment in the UK?
Right now, higher interest rates, economic uncertainty, and cautious buyers mean properties are sitting on the market longer even homes that would usually sell fast.
What is the worst month to sell a house? Traditionally, August and December have been considered the worst months to sell a house. In August, many people are away on holiday while in December, people are gearing up for Christmas. However, serious buyers are often around in these periods.
Are houses selling at the moment in 2025 in the UK?
For those looking to purchase property, the UK housing market in July 2025 presents a potentially advantageous moment: There's more choice than at any time in the past 10 years. Sellers are more negotiable, especially as competition intensifies. Lower mortgage rates and stable incomes are improving purchasing power.
Just like in the warmer months, the weather plays a factor in the winter months, too. As the days get dark earlier and temperatures drop, people tend to stay closer to home. This means less foot traffic for sellers.
Selling a house can take a long time because there are lots of steps involved in the conveyancing process, mainly from the buyer's side. Selling a house can be much quicker if it's a chain-free transaction or you're selling to a cash buyer.
First up, if your property isn't selling, there's more than likely something wrong with the price point. Bad estate agents are notorious for overpricing properties to win your favour and your business. If your offers are way under the asking price, it may be listed far too high.
London's most expensive homes are having a tough time selling, with both demand and deals down. According to a new report from real estate company Knight Frank, there were 22% fewer sales above £10 million ($13.2 million) in the 12 months to July, compared with the same time period from 2022–23.
Some experts think house price growth could pick up in 2026 and beyond. Savills is currently forecasting 4% growth in 2026, 6% in both 2027 and 2028, and 5.5% in 2029. The estate agency expects wages to grow 22% between 2025 and 2029.
Why are houses not selling at the moment? Right now, there is a decade-high number of homes for sale. This means that buyers have more choice, and sellers need to ensure that their properties are priced competitively to attract interest. If your property isn't selling, it might be worth reassessing its asking price.
Statistically speaking, the longer your home remains on the market, the harder it is to sell. The more you reduce the price of your home, the more people will potentially question its appeal. According to Rightmove data, those who drop their asking price are 10% less likely to sell.
What will happen with the property market in 2025?
“But, providing the economy continues to recover steadily, as we expect, the underlying pace of housing market activity is likely to continue to strengthen gradually as affordability constraints ease through a combination of modestly lower interest rates and earnings outpacing house price growth, where the latter is ...
House prices could continue to rise over the next 10 years. According to the OBR, the average UK house price will rise by an average of 2.5 per cent each year between 2025 and 2030. It's important to note that the economy, interest rates, and inflation all have an impact on house prices.
If you're wondering what should you not say when selling a house, it's best to steer clear of anything that reveals emotional ties or personal motivations.
How Long Will My House Stay On The Market? The average time it takes to find a buyer is usually quoted as between five weeks and 14 weeks, depending on how hot or cold the market is.
Property auctions can provide a fast turnaround. Sales can complete within 30 days of the auction date. But a sale is not guaranteed. There might not be enough interested buyers to get past your reserve price.
How quickly should you get viewings on your house?
A good estate agent will often have a list of buyers lined up to view your property before it's widely advertised. It might seem like interest dies down after that first week, but that's normal. After the initial rush has passed, you should expect to arrange one or two viewings a week.
Your house may not be selling because buyers are having difficulty seeing themselves living in your home. Removing unnecessary clutter can make it look bigger and help a buyer imagine their own things in the space. Decluttering isn't just about hiding away nic-nacs and clearing surfaces – though that is important.
How long to sell a house once an offer is accepted?
Nationally, it's been estimated that to sell a house after an offer is accepted can take 3-4 months. However, this can be even longer if any issues arise late on in the sale. In this blog, we look at how long it takes to sell a house after an offer is accepted and what may slow the process down.
A cheeky offer is an audacious bid way below the asking price, often seen as a bold move to get a better deal without causing offence. Think of it as a gamble where you try to lower the negotiation floor significantly, making it different from a standard offer.
DO give yourself some negotiation room – but not too much. – On average, you can expect to achieve around 95% – 97% of your asking price, with 3% – 5% 'given away' in the negotiations with your buyer.