March 2026: UK Property Market Update

The UK property market has moved further into its usual spring pattern this month, with activity picking up across both sales and lettings. March often brings a noticeable rise in new listings, viewings and valuation requests, and 2026 is no exception. What is different this year though, is the balance of conditions. There is movement in the market, but not the intense urgency seen in some recent years. Instead, the picture is one of steadier pricing, improved choice and a more measured pace for buyers, sellers, landlords and tenants.

Buying: Spring Activity Builds

March is traditionally one of the busiest months for house-hunting, and there are clear signs that activity is increasing. Rightmove reports that average new seller asking prices rose by 0.8% in March to £371,042, which it describes as a typical seasonal lift at the start of the spring selling season. At the same time, the number of homes for sale remains at an eleven-year high for this time of year, giving buyers more choice than they have had for some time.

Other data points suggest the market is active, but still price-sensitive. Nationwide said UK house prices were 0.2% lower month-on-month on a seasonally adjusted basis in March, though the annual rate of growth edged up to 1.6%, from 1.2% in February. That points to a market where demand is present, but buyers are still weighing affordability carefully rather than bidding aggressively.

Mortgage activity also reflects a more considered market. The Bank of England reported that net mortgage approvals for house purchases fell to 60,000 in January 2026, below the previous six-month average of around 64,100. That does not suggest a market stalling, but it does show that affordability and borrowing costs are still influencing decisions.

Tip for Buyers:

March usually brings more stock, so it is a good month to compare properly rather than rushing. Having a mortgage agreement in principle and a solicitor ready will give you an advantage when the right property appears.

Selling: More Competition, But Motivated Demand

For sellers, March offers one of the strongest windows of the year for launching to market, simply because more buyers are active. However, the increase in supply means competition between sellers is also stronger. Rightmove’s March data shows that while asking prices have edged up seasonally, annual asking-price growth is still slightly negative at -0.2%, which underlines how important pricing remains.

Time-to-find-a-buyer figures also tell an important story. Rightmove’s regional data shows that the average number of days to secure a buyer ranges widely, from around 60 days in the North East to 80 days in London, highlighting that local conditions still matter enormously.

The broader outlook for 2026 remains one of modest growth rather than a sharp upswing. Nationwide continues to expect house price growth in the 2% to 4% range for 2026, helped by slightly easing affordability pressures, but that is consistent with a market that is functioning steadily rather than racing ahead.

Tip for Sellers:

Spring can bring more viewings, but it also brings more competing listings. A realistic asking price, good presentation and paperwork prepared early can make a big difference when buyers have plenty to compare.

Lettings & Landlords: Demand Still Strong, Rent Growth Cooling

The lettings market remains busy, though rental growth is not as intense as it was a year ago. The latest Office for National Statistics release shows that average UK monthly private rents increased by 3.5% to £1,367 in the 12 months to January 2026, down from 4.0% in the year to December 2025. Average rents reached £1,423 in England, £826 in Wales and £1,021 in Scotland.

Regional differences remain significant. In England, the North East recorded the highest annual private rent inflation at 8.0%, while London had the lowest at 1.1%. Even so, London remains the most expensive market, with an average private rent of £2,253 in January 2026.

For landlords, this points to a market where tenant demand remains solid, but rent-setting needs to be handled carefully and with awareness of local conditions. For tenants, the pressure is still there in many areas, especially where supply remains limited.

Tip for Landlords:

With rent growth cooling nationally, retaining good tenants becomes even more valuable. Keeping on top of maintenance, communication and compliance can help reduce voids and improve long-term returns.

Tip for Tenants:

Spring is often a busy moving period, so being organised with references, ID paperwork and deposit funds can make it much easier to secure a suitable property quickly.

Market Outlook: A More Balanced Spring Market

The latest official house price release from the ONS, published in February, showed that average UK house prices increased by 2.2% to £268,000 in the 12 months to December 2025. That underlines the same wider story seen elsewhere: prices are still rising, but modestly rather than sharply.

Taken together, March’s data points to a market that is active and relatively healthy, but also more balanced than the seller-led peaks of recent years. Buyers have more choice, sellers still have seasonal demand, landlords continue to benefit from strong tenant interest, and tenants are seeing rent growth ease a little compared with earlier highs.

What Next?

March 2026 looks like a classic spring market with a steadier feel. Activity is increasing, but the market is not running away in either direction. That makes preparation more important than ever. Buyers should get finances lined up, sellers should launch with care, landlords should stay focused on standards and retention, and tenants should be ready to move promptly when suitable properties come up.

TG Sales & Lettings is here to support your next move in Gloucestershire. Call 01452 300822 or email rachel@tgres.co.uk to speak with our team.

 

February 2026: UK Property Market Update

The UK property market has moved into 2026 with a steady and more settled feel. February is often the point where early year activity begins to gather pace, and this year is no different. Viewings and enquiries are increasing following the quieter winter period, while more homes are coming onto the market as sellers prepare for the traditional spring surge.

Stable borrowing costs, improved stock levels and ongoing affordability considerations continue to shape behaviour across the market. The result is a more balanced environment than in recent years, where preparation and realistic expectations are proving more important than timing alone.

Buying: Activity Building as the Year Gets Underway

February typically brings a noticeable rise in buyer activity, and 2026 is showing the usual seasonal uplift. Many households who paused their searches over the festive period are returning to the market, and this is translating into increased viewings and enquiries.

Recent figures from the Office for National Statistics (ONS) indicate that average UK house prices rose modestly towards the end of 2025, with annual growth sitting at around 2-3% and the UK average price hovering close to £270,000-£272,000. This steady pace of growth reflects a market that is stabilising rather than accelerating.

Mortgage rates remain higher than the ultra-low levels seen several years ago but have settled compared with recent peaks. This stability is helping more buyers plan ahead with greater confidence, even though affordability continues to be a key consideration. Many are taking time to review budgets carefully and ensure their finances are secure before making offers.

Stock levels are also higher than at the same point last year, giving buyers more choice and time to compare options. While well-presented and realistically priced homes continue to attract strong interest, there is generally less urgency than in the fast-moving markets seen previously.

Tip for buyers:

Use this time to get fully prepared. Securing a mortgage agreement in principle and having a solicitor lined up will put you in a strong position once you find the right property.

Selling: A Busier Listing Season Begins

February is traditionally the start of the main listing season, and this year is following that pattern. Many sellers who waited until after Christmas are now launching their homes onto the market, leading to a noticeable increase in available stock.

This rise in choice means competition between sellers has increased slightly compared with late 2025. However, demand remains steady, and well-presented homes priced in line with current market conditions are continuing to attract viewings and offers.

Pricing remains one of the most important factors in achieving a successful sale. Buyers are carefully comparing properties and are more likely to negotiate than in previous years. Sellers who set realistic expectations from the outset are generally seeing stronger interest and smoother transactions.

The time taken to move from offer to completion remains a consideration. Transactions can still take several months to progress, particularly where chains are involved. Being organised early with legal documentation and surveys can help reduce delays later in the process.

Tip for sellers:

First impressions matter. Ensuring your property is well presented, accurately priced and legally prepared before marketing can help attract committed buyers and reduce time on the market.

Lettings & Landlords: Demand Remains Strong

The lettings sector continues to experience strong demand as we settle into 2026. Many tenants delayed moving during the winter months and are now actively searching, while limited stock in some areas continues to support rental values.

Recent data shows that average private rents across the UK rose by roughly 4-5% annually towards the end of 2025, with typical monthly rents reaching around £1,350–£1,400.Although the pace of rental growth has eased compared with previous highs, upward pressure remains in many regions.

The introduction of the Renters’ Rights Act is also influencing the market. While designed to improve tenant security and standards, it is prompting some landlords to review their portfolios and long-term plans. Others are choosing to remain in the sector but are focusing more closely on compliance, maintenance and tenant retention.

Well-maintained properties with strong energy efficiency ratings are continuing to attract the highest levels of interest. Tenants are increasingly mindful of energy costs and overall value when choosing a home.

Tip for landlords:

Keeping properties well maintained and compliant with current regulations will help attract reliable tenants and reduce void periods.

Tip for tenants:

With competition still strong in many areas, being organised with references and documentation can help secure a suitable property more quickly.

Market Outlook for Spring 2026

The overall picture for February 2026 is one of stability and gradual growth. The market is not experiencing the intense competition of previous years, but it remains active and resilient.

As spring approaches, activity is expected to increase further across both sales and lettings. Key factors to watch include:

  • Continued stability in mortgage rates
  • The level of new properties coming onto the market
  • Ongoing rental demand and supply levels
  • The longer-term impact of legislative changes

A more balanced market is emerging, where buyers, sellers and landlords all have opportunities provided they approach the process well prepared and informed.

What Next?

February marks a steady and encouraging start to the property year. Buyers have more choice, sellers are benefiting from renewed interest, and landlords continue to see strong tenant demand. Rather than favouring one side over another, the current market rewards preparation, realistic expectations and flexibility.

Whether planning a move in the coming months or later in the year, taking early advice and getting organised now can make all the difference.

TG Sales & Lettings is here to support your next move in Gloucestershire. Call 01452 300822 or email rachel@tgres.co.uk to speak with our team.

Note: The information in this article is based on data as of December 2025 / January 2026 and may change. Always seek professional advice for specific circumstances.

January 2026: UK Property Market Update

The UK property market has entered 2026 with a noticeable shift in tone from the final months of last year. While December was predictably quiet in terms of transactions, January has seen an early bounce in market activity. This is being driven by a combination of renewed seller confidence, easing inflation, and a clearer backdrop following the Autumn Budget.

Sales Market: Listings Remain High

According to the latest Rightmove House Price Index, the UK housing market has started 2026 with a notable rise in asking prices, albeit against a backdrop of high stock levels and lingering caution. In January, average asking prices for homes coming to market increased to £368,031, representing a 2.8% rise from December 2025 – the largest month on month jump for this time of year on record. Despite this price gain, overall listings remain high for January, giving buyers more choice than is typical in the post holiday period.

Tip for Buyers: With more choice on the market, it’s worth shortlisting homes and booking viewings early in the year before competition picks up.

This rise follows a period in late 2025 when asking prices slipped and buyer confidence was dampened by prolonged uncertainty ahead of the November Budget, which weighed on market activity and prompted more price reductions across the UK. In fact, Rightmove data from November 2025 showed that average new seller asking prices were £364,833, down 1.8% month on month, with a significant proportion of listings having had their prices cut.

Together these trends paint a picture of a market where renewed seller confidence is emerging in early 2026, however, there is greater choice and more realistic pricing.

Tip for Sellers: Present your home well, price it fairly, and respond quickly to interest. Little things make a difference – declutter, fix minor issues, and consider a fresh coat of paint before launching to market.

On the demand side, buyer activity is picking up – but with caution. Many buyers are taking longer to commit and negotiating more strongly. Zoopla reports that housing supply is at its highest level in eight years. However, buyer demand is lagging a little – down on this time last year.

Tip for Sellers: Use the New Year momentum to your advantage. A tidy-up and fresh listing early in the year can catch those ready-to-move buyers.

A key driver of buyer hesitation is mortgage affordability. The Bank of England’s Credit Conditions Survey suggests lenders expect lower mortgage demand in early 2026. Even though interest rates have stabilised, high monthly repayments, particularly for those remortgaging, are still dampening affordability.

Tip for Buyers: If you’re feeling the squeeze on affordability, speak to a mortgage broker. Some fixed deals are more flexible than they look.

At the same time, inflation has eased. Wage growth is gradually improving purchasing power, which should support moderate price growth this year. Most industry forecasts expect UK house prices to rise between 2% and 4% during 2026 – helped by stronger consumer confidence, improving supply, and stabilised lending rates.

January 2026 presents a cautiously optimistic picture. There is more choice for buyers, more confidence among sellers, and stable conditions to support gradual price growth. However, pricing remains key. Sellers who set realistic expectations and prepare their homes well will attract the most interest.

Lettings Market: High Demand, Low Supply

The lettings market has started the year in much the same way it ended 2025 – with high tenant demand and ongoing pressure on available stock. According to the latest ONS figures, private rents rose by 4.4% in the 12 months to November 2025. While this marks a slight cooling compared to earlier peaks, the pace of growth remains significant.

Supply remains constrained. With the Renters’ Rights Act now coming into effect, many landlords are reassessing their positions. Industry reports suggest a portion of small portfolio landlords are choosing to exit the sector due to tightening legislation and increased compliance costs. As a result, fewer rental homes are coming to market in early 2026, adding to competition among tenants.

Tip for landlords: Keep communication open with tenants and invest in small upgrades – warm homes and good EPCs go a long way in tenant retention. A small investment in insulation or smart heating can make your property stand out and attract long-term tenants.

Average rents in England now sit at approximately £1,403 per month, with London far higher at over £2,250. Scotland and Wales are averaging £1,002 and £811 respectively, according to the ONS. These figures highlight the affordability challenges faced by renters, particularly those relocating or moving for work.

Tip for tenants: Be ready to move quickly. Have your references and deposit paperwork ready before you start viewing.

For landlords staying in the market, well-maintained, energy-efficient properties are commanding premium interest and achieving longer-term lets.

The outlook for Q1 suggests rents will continue to climb steadily, especially in areas with a limited pipeline of new rental listings, and tenant demand remains strong.

Looking to buy, sell, let or rent this year? 

TG Sales & Lettings is here to support your next move in Gloucestershire. Call 01452 300822 or email rachel@tgres.co.uk to speak with our team.

Latest Property Market Update: July 2025

The second half of 2025 is here, and the housing market is still full of energy – and a few surprises. While the outlook for the rest of the year is cautiously positive, it’s not without its sticking points. Whether you’re buying, selling, letting, or renting, here’s what you need to know about how the market is shaping up this July.

Confidence Grows, but It’s a Mixed Bag

House price trends have stabilised across most regions, with average values holding steady after last year’s modest dip. According to the latest UK House Price Index from HM Land Registry, average prices as of May 2025 (the most recent data available) the average house price in the UK is  £268,652,  and the index stands at  103.0.  Property prices have  risen by 1.1%  compared to the previous month and  risen by 3.9%  compared to the previous year.

Transaction volumes have also bounced back. The Bank of England reported that mortgage approvals for house purchases hit 61,000 in May 2025 – the highest monthly figure since late 2022.

This is being driven by both buyers and sellers becoming more confident in the outlook. With base rates now sitting at 4.25% and expected to reduce further by the end of the year, more people are looking to move while conditions remain relatively stable.

What Buyers Need to Know

For buyers, the picture is improving. Mortgage rates have eased slightly in response to falling inflation and the Bank of England’s rate cuts. The average  two-year fixed mortgage  dropped to 5.09%, marking its lowest point in almost three years, when rates hovered around 4.24%. Similarly, typical  five-year fixed prices  dipped to 5.08% and were last lower in October 2024 at 5.07%. Lenders are also adjusting their affordability rules. Loan-to-income caps are more flexible, and some banks are extending repayment terms up to 40 years for younger buyers. Stress testing requirements – the ones that check if you can still afford payments at a hypothetical higher rate – are being gradually relaxed.

That said, affordability remains tight, especially in high-demand areas. Having your paperwork ready and a mortgage decision in principle sorted before viewing homes is still the best move.

What Sellers Should Expect

Sellers are finding more motivated buyers – especially those upsizing or moving for schools before the September term starts. However, there’s still a price sensitivity in the market. Overpricing can leave listings sitting stale.

With stock levels rising, the tide is shifting towards a more balanced market. Rightmove reports that the average time to secure a buyer has reduced to 55 days – down from 67 days a year ago – but only when the property is priced realistically.

If you’re thinking of selling, this is a good time to act. Mortgage rates are stable, demand is decent, and autumn always brings more competition. Getting listed now can help you beat the rush. Call us on 01452 300822.

The Lettings Market: Still Under Pressure

Rental demand continues to exceed supply across most of the UK. Zoopla’s latest Rental Market Report shows average UK rents up 6.5% year-on-year, with some city centres seeing even higher jumps.

While this might sound like good news for landlords, there’s a fine line. Tenants are becoming more selective, and affordability is being tested.

Many landlords are in wait-and-see mode as they prepare for the impact of the Renters Reform Bill, which is still making its way through Parliament. Key proposals include the abolition of Section 21 ‘no fault’ evictions and the introduction of a new property portal and ombudsman.

Some landlords are choosing to sell, concerned about compliance costs and legislative changes. But others are taking the opportunity to upgrade properties, boost EPC ratings, and adjust rental strategies for long-term success.

If you’re a landlord, now’s the time to get your paperwork, energy certificates, and tenancy agreements in good order. A proactive approach could save a lot of headaches later.

Interest Rates and What’s Next

There’s growing expectation that the Bank of England will cut interest rates again before the end of 2025. As of July 2025, the UK’s annual Consumer Prices Index (CPI) inflation rate stands at 3.6%, according to the latest data from the ONS . The Bank is under pressure to support economic growth without triggering another round of price increases. Many analysts expect the base rate to fall to around 3.75% by December. If that happens, mortgage rates may drop further, giving more people confidence to enter the market.

Final Thoughts: Make Your Move, But Stay Sharp

The property market in July 2025 is active and encouraging. Buyers have more power than they did last year, sellers are benefiting from increased interest, and renters – while still facing tough competition – may soon see improved conditions if supply recovers.

Whichever side of the market you’re on, preparation is everything. Have your documents in order, research the local area, and work with professionals who can guide you through the process. Things are moving – just not always at the same pace for everyone.

If you’re planning a move soon, now’s the time to get organised. Speak with us – your experienced estate agent in Gloucestershire, sort your finances, and make sure you’re ready to act when the right property comes up. There’s a sense that confidence is returning, and that’s often when the best deals are done.

TG Sales & Lettings are your local property experts for the Gloucestershire area. Call us on 01452 300822 or email rachel@tgres.co.uk to chat with a member of our friendly and experienced team.

Note: The information in this article is based on data as of June/July 2025 and may change. Always seek professional advice for specific circumstances.

What’s Happening in the UK Property Market: May 2025

May has arrived with a mixed but cautiously optimistic outlook for the UK property market. Following the seasonal spring uplift in activity, trends are starting to reflect both renewed confidence and continued adjustment. House prices are rising – though more slowly – mortgage rates are easing, and the rental market remains stretched.

Here’s what you need to know this month if you’re buying, selling, letting, or renting.

House Prices: Modest Growth as Listings Surge

The average asking price of a home coming to market hit a new high of £379,517 in May, according to Rightmove . However, the pace of growth has eased, with prices up just 0.6% from April, marking the smallest May increase since 2016. A key factor here is supply. The number of properties coming to market is up 12% year-on-year, giving buyers more choice and putting pressure on sellers to be competitive.

Demand for property in Gloucestershire meanwhile, remains solid, with buyer enquiries 3% higher than this time last year. Some analysts, including those cited in The Times , suggest this year could see national house price growth of 3.5%, buoyed by falling mortgage rates and improving economic stability.

If you’re planning to sell your home in Gloucestershire, this is still a favourable window – especially with more buyers entering the market – but accurate pricing and strong marketing are more important than ever.

Mortgage Market: Rates Continue to Fall

The Bank of England held its base rate at 4.25% this month following a 0.25% cut in April. That move has helped ease mortgage costs, which had been a major obstacle for buyers throughout 2024. As of mid-May:

  • The average two-year fixed mortgage rate is 4.61%
  • The average five-year fixed rate is 4.59%
  • Some of the lowest available fixed deals are now dipping below 4% for buyers with larger deposits

This marks a clear shift from the 6% plus rates seen last year and is improving affordability across the board. Buyers should still get a mortgage agreement in principle before making offers – particularly in areas where properties are selling quickly.

 

 

Sellers: Strong Interest, but More Competition

The traditional spring bounce in the sales market is in full swing. More sellers are listing their homes, and buyers are active again. But with supply at its highest point in over a decade, competition between sellers has also ramped up.

The most successful sellers in this market are the ones who price realistically and ensure their property looks its best online. That means professional photography, tidy kerb appeal, and well-maintained interiors. With many buyers looking to move before the summer holidays, now is an ideal time to list – just make sure your home stands out.

Buyers: More Choice, but Be Ready

With supply improving, buyers now have more choice and, in many cases, a bit more bargaining power. But desirable homes are still being snapped up quickly, especially those priced in line with current local demand.

Preparation is key: get your mortgage sorted, have a solicitor lined up, and be ready to act fast when the right property comes up. Pay attention to factors like EPC ratings and transport links, as these remain top priorities for many homeowners and investors.

Rental Market: Still Tight, but Rent Increases Slowing

The rental sector remains under pressure, but there’s some sign that the breakneck pace of rent growth is finally cooling.

According to the Office for National Statistics , the average UK private rent hit £1,332 per month in April, a 7.7% increase year-on-year. England saw rents rise to £1,386, Wales to £792, and Scotland to £1,001. This is still a significant jump, but down slightly from previous months, suggesting rent inflation may be levelling off.

Tenant demand remains high, and rental stock remains low in many regions, particularly for family homes and pet-friendly properties. If you’re a tenant, it’s worth acting quickly when something suitable comes up – and ensuring your paperwork is ready.

Landlords: Changing Legislation on the Horizon

The proposed Renters’ Rights Bill continues to make its way through Parliament and, if passed, will bring sweeping reforms to the rental sector. The current draft includes:

  • Abolishing fixed-term assured shorthold tenancies
  • Making all tenancies periodic by default
  • Limiting rent increases to once per year
  • Increasing notice periods for landlords who wish to sell

This legislation will change how landlords manage tenancies and may influence investment decisions for new entrants. Staying on top of compliance will be crucial. Now is a good time to review tenancy agreements and ensure property management processes are up to date.

Looking Ahead: A Market Adjusting, Not Retreating

The remainder of spring and early summer is expected to be busy. More listings will continue to bring balance to the market, while lower mortgage rates may encourage more first-time buyers and movers who sat out last year.

We’re not in boom territory, but this is a far more stable environment than we saw throughout much of 2023 and 2024. For sellers, it’s a good time to act – but not a time to overprice. For buyers, it’s a market full of opportunity, but preparation remains key.

Landlords will want to keep an eye on changing legislation and consider how their investments might need to adapt. Meanwhile, tenants should continue to expect high competition and rising rents, albeit at a slightly gentler pace.

If you’d like tailored advice about your next move – whether that’s buying, selling, letting, or renting – get in touch with the friendly team at TG Sales & Lettings. Call 01452 300822 or email rachel@tgres.co.uk today.

We have the local market knowledge and property insights for Gloucestershire to guide you every step of the way.

Note: The information in this article is based on data as of April/May 2025 and may change. Always seek professional advice for specific circumstances.

Latest Property Market Update: June 2025

It’s one of the busiest times of the year in the UK housing market, and this time, the news is looking better than many expected. There’s a renewed sense of movement from both buyers and lenders. If you’re thinking of buying, selling, or just keeping tabs on what’s going on, now’s a good time to get clear on the facts.

Positive Momentum, But No Quick Fixes

Activity across the board is up. Rightmove and Zoopla both report a steady rise in supply, demand, and transaction volumes compared to this time last year. Buyers are returning, sellers are feeling more confident, and deals are getting done.

If you’re currently exploring property for sale in  Gloucestershire, it’s a promising time to book viewings and make sure your mortgage options are in place. Stock levels are improving, which means a wider choice of homes and less fierce competition than we’ve seen in previous months.

Mortgage data backs up the trend with more buyers getting approved. The value of new mortgage commitments has also edged up, showing that buyers are willing (and able) to stretch slightly further to secure the right home.

That said, speed is still an issue. Around a quarter of purchases are taking 16 weeks or more to reach exchange. It’s a good reminder that being organised matters. A well-prepared buyer or seller has a much better chance of keeping things on track.

The Rental Market: More Pressure Ahead?

The lettings market continues to face pressure, with demand far outstripping supply. Rents remain high, and landlords are paying close attention to the upcoming Renters Reform Bill, expected to pass later this year. While it’s set to give tenants stronger rights, it may also push more landlords to sell up, which would further tighten the available rental stock.

Still, there are a couple of silver linings. Rent arrears remain below last year’s levels, and tenant demand is showing no signs of cooling. For landlords looking to restructure or exit the market, now might be the time to speak with us, your local estate agent in Gloucestershire about local demand and pricing strategies.

Interest Rates: Moving in the Right Direction

One of the biggest confidence boosters in the current market is the direction of interest rates. After peaking at 5.25%, the Bank of England base rate has now dropped to 4.25%, and forecasters expect it to fall further in the coming months. There’s even talk of it dipping to 3.5% by the end of the year.

Some lenders have already started adjusting their mortgage rates in anticipation, making it an ideal time for buyers to lock in competitive deals. If you’re browsing property for sale in Gloucestershire, this shift could give you just the headroom needed to make an offer.

Sell Now or Wait? Both Options Make Sense

There’s no one-size-fits-all answer to the question of timing your sale, but here are some factors to help guide your decision:

Why you might wait:

  • Interest rates are set to fall again, which could boost buyers’ confidence and budgets.
  • You may be able to test a slightly higher asking price as the market strengthens.
  • Buyers aiming to be “in by Christmas” often act quickly in late summer and early autumn.

Why acting now might be better:

  • A temporary inflation spike is forecast for the autumn, which could unsettle buyers.
  • The autumn Budget could create policy uncertainty.
  • A surge in landlord sales (due to legislative changes) may increase local competition.

Whatever your choice, remember that the process itself can take months. Listing your home now doesn’t mean moving next week. It just means getting the wheels in motion and giving yourself options.

Mortgage Market Overhaul: What’s Changing and Why

Mortgage lenders are gradually introducing changes that reflect how buyers’ needs have evolved. While these updates won’t all hit immediately, they signal a more flexible future.

Loan-to-income ratios:
Lenders are becoming more open to lending slightly more to applicants with steady income, even if it’s lower, provided repayments remain affordable.

Stress test adjustments:
Some lenders are easing their ‘worst-case scenario’ interest rate checks, allowing more borrowers to qualify for larger loans.

Longer mortgage terms:
A 30-year term is now common, especially for first-time buyers. It keeps monthly repayments lower, which is often the key to affordability. From next year, rules should make it easier to shorten your mortgage term later without hefty penalties.

Product innovation:
Look out for green mortgages (linked to EPC ratings), home improvement loans, and extended fixed rate offers. A good mortgage broker can match you to the right deal for your situation.

As your local estate agent in Gloucestershire , ask us to recommend a mortgage broker. We can connect you and make your search for property for sale in Gloucestershire much smoother.

A Market That’s Starting to Move Again

A lot of the restrictions placed on lending were introduced in 2014, when the financial landscape looked very different. With house prices having risen sharply since then and wage growth lagging behind, buyers have been squeezed by outdated lending rules. The current changes aim to correct that and create a more realistic, fairer system for today’s borrowers.

Whether you’re a first-time buyer, looking to move up the ladder, or considering a downsize, this market is finally showing signs of life after a period of uncertainty.

If you’re planning a move soon, now’s the time to get organised. Speak with us – your experienced estate agent in Gloucestershire, sort your finances, and make sure you’re ready to act when the right property comes up. There’s a sense that confidence is returning, and that’s often when the best deals are done.

TG Sales & Lettings are your local property experts for the Gloucestershire area. Call us on 01452 300822 or email rachel@tgres.co.uk to chat with a member of our friendly and experienced team.

Note: The information in this article is based on data as of May/June 2025 and may change. Always seek professional advice for specific circumstances.

What’s Happening in the UK Property Market: April 2025

April kicked off with some big talking points in the UK property market. While the dust is still settling after a turbulent few years, there are signs of balance returning – though not without some fresh challenges along the way.

Whether you’re buying, selling, letting, or renting, here’s what’s been happening this month and what it could mean for you in Gloucestershire. At TG Sales & Lettings, we’re here to keep you informed with practical updates and local insight that matters.

House Prices: Where Do Things Stand?

House prices across the UK have continued a slow but steady upward trend. According to the latest UK House Price Index from the Office for National Statistics, the average UK house price in February 2025 (the most recent confirmed data) is £281,000, showing a 1.8% increase year-on-year.

Rightmove reports that the average asking price for homes entering the market in early April reached a record high of £377,182, driven by seasonal demand and improved confidence among sellers.

If you’re thinking of selling your home or exploring property for sale in Gloucestershire, this season offers one of the strongest windows of opportunity in recent years.

Mortgage Rates: Stabilising with Caution

Mortgage rates have settled somewhat following volatility in late 2024. As of early April:

  • The average two-year fixed rate is 4.84%
  • The average five-year fixed rate is 4.72%

These figures are down from the highs of over 6% seen last year and are giving more borrowers room to manoeuvre. Some high street lenders are even offering sub-4% deals for those with larger deposits.

Lenders are still cautious, so if you’re buying property in Gloucestershire, it’s wise to secure a mortgage agreement in principle early to strengthen your position.

Sellers: A Seasonal Window of Opportunity

Spring traditionally brings a rise in new listings, and 2025 is no exception. Rightmove reports buyer demand is up 5% compared to April 2024, with more homeowners taking advantage of the seasonal surge in interest.

If you’re considering selling your home in Gloucestershire, pricing it correctly and ensuring it’s market-ready will be vital. Call us to book a valuation on 01452 300822.

 

Top tips for sellers:

  • First impressions count – Fresh paint, tidy gardens, and welcoming entrances all help.
  • Accurate valuations – Our team at TG Sales & Lettings can help set the right asking price based on current market trends in Gloucestershire.
  • Show it off – Use high-quality images and floorplans to capture attention online.

Speak to us – your local estate agent in Gloucestershire – to discuss the best way to market your property this spring.

Buyers: Be Prepared to Move Quickly

Buyers are feeling cautiously optimistic. With wages on the rise and inflation softening, affordability is gradually improving. According to Nationwide, earnings are now outpacing house prices in many areas.

If you’re looking to buy property in Gloucestershire, here’s how to get ahead:

  • Sort your finances early – A mortgage in principle puts you in a stronger negotiating position.
  • Be ready to move – In-demand homes are still selling fast, especially when priced correctly.
  • Think about long-term value – Energy efficiency, location, and futureproofing are all worth factoring in.

We’ve got a range of properties for sale in Gloucestershire. View our current listings or speak with one of our team today on 01452 300822.

Rental Market: High Demand, Gradual Cooling

The rental sector is still feeling the pressure of high demand, though growth in rents is now stabilising. According to the Office for National Statistics, the average UK rent in March 2025 is now £1,332 per month, a 7.7% rise over the past 12 months.

For landlords in Gloucestershire, it’s a market full of opportunity – but also one that demands careful management and awareness of legislative updates.

With the Renters’ Rights Bill due to become law later this year, the way tenancies are managed will soon look quite different. Proposed changes include:

  • Abolishing fixed term assured tenancies
  • All tenancies becoming periodic
  • Four-month notice periods for landlords regaining possession to sell
  • Limit of one rent increase per year

If you’re a landlord in Gloucestershire, TG Sales & Lettings can help you keep your property compliant and your tenancies running smoothly.

What’s Next for the Property Market?

The rest of spring is expected to bring strong levels of market activity. With the average asking price hitting a new high and demand growing week by week, we could see continued house price growth over the next few months. Nationwide is forecasting a 2–4% increase in 2025 if inflation remains controlled.

Lettings will stay competitive, and legislation will continue to reshape landlord responsibilities. Staying informed, prepared, and adaptable will be the key to success.

Looking for Help?

Whether you’re buying, selling, letting or renting in Gloucestershire, TG Sales & Lettings is your local expert. Our team is here to support you through every stage of your property journey.

Call us on 01452 300822 or email rachel@tgres.co.uk to get started.

We know property better than anyone and are proud to be a trusted estate agent in Gloucestershire.

Note: The information in this article is based on data as of March/April 2025 and may change. Always seek professional advice for specific circumstances.

What’s Happening in the UK Property Market: March 2025

The UK property market is currently undergoing some noticeable changes, affecting everyone from homeowners and landlords to buyers and tenants.

With interest rates fluctuating, house prices adjusting, and rental demand continuing to grow, staying informed about the latest trends is more important than ever.

Whether you’re looking to move, invest, or understand what’s happening in the property market, knowing where things stand can help you make better decisions.

Over the past year, economic conditions have played a major role in determining house prices and mortgage rates. Many potential buyers are watching interest rates closely, while sellers are deciding whether now is the right time to list their property. At the same time, landlords are facing ongoing legislative changes, and tenants continue to deal with increasing rental costs.

March is often a busy period in the property market, with the arrival of spring encouraging more people to buy and sell. However, as expected by many in the industry, there was no mention of a Stamp Duty deadline extension in the recent spring statement. That means April 1st could come as a costly blow for thousands of home movers and first-time buyers in England and Northern Ireland, who now face an extra £2,500 in stamp duty charges.

Industry voices, including Rightmove, had been calling on the Chancellor to offer a short extension to help those already mid-purchase complete their transactions without being stung by the extra cost, but this has not materialised.

Understanding these developments and their potential impact can help buyers, sellers, landlords, and tenants plan their next steps with greater confidence .

Market Overview: Trends and Influences

During February, UK house prices experienced a slight decline of 0.1%, bringing the average property value to £298,602. This unexpected dip follows a period of consistent growth.

The Royal Institute of Chartered Surveyors (RICS) reported that February marked the weakest month for the housing market since late 2023. A net balance of 14% of agents and surveyors noted a drop in new buyer enquiries, the lowest since November 2023. Additionally, 13% reported a decrease in agreed sales, with London experiencing a more pronounced downturn.

Mortgage rates have also seen some fluctuations. As of March 1st, the average two-year fixed mortgage rate stands at 4.87%, down from 5.01% at the start of February. The average five-year rate decreased to 4.69% from 4.81% over the same period. However, concerns about rising inflation may influence future rate decisions.

It’s not all bad news though! Some regions continue to show resilience and the recent reduction in the Bank of England’s base rate to 4.5% may lead to more competitive mortgage deals, potentially easing the path for prospective buyers.

Recap:

How have UK house prices changed recently?

UK house prices saw a slight decline of 0.1%, bringing the average property value to £298,602.

What are current mortgage rates?

As of March 1st, the average two-year fixed mortgage rate is 4.87%, and the average five-year rate is 4.69%.

Is now a good time to sell my property?

With the traditional spring surge, it can be a great time to sell. However, setting a realistic price and ensuring your property is well-presented are crucial.

How is the rental market performing?

Rents continue to rise, with private rental prices increasing by 8.7% in the 12 months to January 2025. Tenant demand remains high, making it a strong market for landlords.

March Insights for Homeowners and Sellers

For home owners considering selling their properties, current market conditions present both challenges and opportunities.

  • Pricing Strategy : With the recent softening in house prices, setting a realistic and competitive price is essential to attract potential buyers.
  • Market Timing : The traditional spring surge in property listings is approaching. Listing your property during this period can increase visibility and buyer interest.
  • Property Presentation : Investing in minor renovations and ensuring your home is well-presented can significantly impact buyer perception and, consequently, the final sale price.

Considerations for Buyers

Prospective buyers should navigate the current market with careful planning.

  • Mortgage Preparedness : Securing a mortgage agreement in principle can strengthen your position when making offers, especially as lenders adjust rates in response to economic indicators.
  • Market Research : Stay informed about regional price trends. For instance, while some areas have seen price declines, others have experienced annual growth.
  • Energy Efficiency Matters : With energy prices still a concern, many buyers are prioritising homes with good insulation, modern heating systems, and higher EPC ratings. Choosing a property with energy-efficient features can mean lower bills and improved resale value in the long term.

Rental Market Dynamics

Both tenants and landlords are experiencing changes in the rental sector.

For Tenants

  • Rising Rents : latest figures show that average UK private rents increased by 8.7% in the 12 months to January 2025, slightly down from the 9.0% rise in December 2024.
  • Increased Competition : With a limited supply of rental properties, tenants may face heightened competition and should be prepared to act swiftly when suitable properties become available.

For Landlords

  • Regulatory Compliance : Staying updated on legislative changes is crucial.
  • Investment Opportunities : Despite challenges, the rental market continues to offer solid returns, especially in regions with high demand. Evaluating local market conditions can help identify lucrative investment opportunities.

The Future Outlook

The property market’s trajectory will depend on various factors, including economic policies, interest rate decisions, and regional supply and demand dynamics.

  • Interest Rates : The Bank of England’s recent base rate reduction to 4.5% reflects efforts to balance economic growth with inflation control. Future rate decisions will influence borrowing costs and, consequently, property affordability.
  • Government Policies : The recent spring statement addressed housing affordability and the Chancellor, Rachel Reeves’ plans to shake up planning rules and ramp up housebuilding could offer some longer-term relief. However, any real impact is still likely to be years away.
  • Regional Variations : The north-south divide in house price growth is expected to persist, with northern regions potentially outperforming southern counterparts.

Need Expert Guidance?

Navigating the current property market requires informed decision-making. At TG Sales & Lettings, we offer tailored advice to meet your unique needs. Whether you’re buying, selling, renting, or letting in Gloucestershire, our team is here to help. Contact us on 01452 300822 or email rachel@tgres.co.uk to discuss your property needs.

What’s Happening in the UK Property Market: February 2025

Welcome to this month’s property market update. As 2025 gathers pace, here’s a quick look at what’s been happening for buyers, sellers, landlords, and renters. We’ve included some helpful insights and tips to keep you ahead of the game.

Market Overview

The UK property market is holding steady in February 2025. Recent stats show average house prices have risen by around 3% over the past year. Regional differences are creating interesting opportunities – while prime locations continue to thrive, emerging towns and rural areas are catching the attention of buyers seeking a better work-life balance.

Buying: What You Need to Know

If you’re on the hunt for a new home – especially if you’re looking for a property for sale in Gloucestershire – it could be a good time to lock in a deal. Mortgage rates are relatively stable with the Bank of England Base Rate at 4.5%, and there’s a range of options available, whether you’re a first-time buyer or moving up the ladder.

Tip for Buyers:

Found a property you like? Check out local amenities and transport links before making an offer. Areas with upcoming infrastructure projects could offer hidden future value. Also, consider the potential for renovations that can add long-term value to your home.

Selling: Making the Most of Your Property

If you’re thinking about selling, there’s plenty of good news. The market is still competitive, and homes in sought-after areas are attracting lots of interest. If you’re selling your home in Gloucestershire, getting the price right is crucial. Properties priced just below the market median tend to sell quicker, as buyers are often drawn to perceived bargains.

Tip for Sellers:

Home staging and a few quick fixes can work wonders. A fresh coat of paint and some modern fixtures can make your property stand out. Well-presented homes are more likely to sell at a higher price.

Lettings and Landlords: Meeting Demand

The rental market is going strong, with steady demand for quality property to rent in Gloucestershire. Keeping your property in great condition helps reduce vacancies and attract reliable tenants.

Recent surveys show that tenant satisfaction directly impacts rental yields. According to The Royal Institution of Chartered Surveyors (RICS), properties with high tenant satisfaction scores achieved around 5% higher yields than those with lower scores. Well-maintained homes with modern facilities continue to perform best.

Tip for Landlords:

Review your rental agreements regularly and consider incentives for longer leases. Simple upgrades like energy-efficient appliances not only attract eco-conscious tenants but can also help reduce your running costs.

Renting: Finding Your Ideal Home

For renters, there’s a wide selection of properties to let in Gloucestershire. The market is competitive, but regeneration areas often offer great value, with modern homes and improved transport links.

Tip for Renters:

Stay ahead by registering with us to get early access to new listings. When you find the right property, act quickly to avoid missing out.

Keeping One Eye on the Future

It’s always wise to stay informed about possible policy changes that could affect the property market. With the government focusing on increasing housing supply and improving infrastructure, buyers and sellers should be ready for shifts in the market. Flexibility and staying in the loop are your best tools for success.

Final Thoughts

Whether you’re buying, selling, renting, or letting, the UK property market is full of opportunities. The key is staying informed, proactive, and ready to move when the right opportunity comes along.

At TG Sales & Lettings, we’re here to help you every step of the way, so please get in touch!

If you’d like advice or have any questions, call us on 01452 300822 or email rachel@tgres.co.uk. Our team is always happy to help you make the best decisions when it comes to property.

What’s Happening in the UK Property Market? January 2025

What’s happening in the UK property market? Well, having welcomed a new year, the UK property market is already showing signs of activity that will mould the months ahead. January traditionally sets the tone for the year, and 2025 is no exception. Buyers, sellers, landlords, and renters are navigating frequent ups and downs influenced by economic factors, legislative changes, and evolving market trends.

Here’s our in-depth look at what’s happening in the UK property market and key developments in January 2025, along with advice to help you make informed decisions, whether you’re buying, selling, renting, or letting.

Buying Property in January 2025: Renewed Opportunities

January has started with cautious optimism for buyers. According to Halifax, the average UK house price in December 2024 was £297,166, reflecting a 3.3% annual increase

Mortgage rates are stabilising at an average of 4.5% for fixed-rate deals, making this an excellent time for buyers to plan their investments.

Tips for Buyers:

  • Compare Mortgage Options: With a variety of competitive products now available, consult a mortgage adviser to find a mortgage that suits your long-term goals.
  • Negotiate Strategically: Sellers in today’s market may be more flexible on price, especially for properties that have been listed for an extended period.
  • Consider Energy-Efficient Homes: Homes with higher Energy Performance Certificate (EPC) ratings are increasingly attractive and could offer savings on utilities.

Explore property for sale in Gloucestershire on our website to find your ideal home.

Selling Property: Adapting to Buyer Expectations

The time it takes to sell a property remains consistent at around 58 days on average, as reported by recent data from Zoopla

January is an excellent time to list your property, as buyer interest typically rises after the Christmas holidays.

 

Tips for Sellers:

  • Focus on Kerb Appeal: Simple improvements, such as repainting the front door or tidying the garden, can make a significant difference.
  • Price Realistically: Use insights into local market data from our team at TG Sales & Lettings to set a competitive price that reflects current trends.
  • Stage Your Home: Professional home staging can highlight your property’s best features and appeal to more buyers.

Request a valuation of your property in Gloucestershire today and get expert guidance on achieving the best price.

Landlords: Preparing for 2025’s Challenges…and Opportunities

The private rental sector is undergoing transformation with the rollout of the Renters’ Reform Bill and the upcoming 2028 deadline for rental properties to achieve an EPC rating of “C” or higher. Rental demand remains strong, with the average monthly rent in the UK reaching £1,270, a 3.9% year-on-year increase.

Tips for Landlords:

  • Stay Ahead of Regulations: Review the EPC ratings of your properties and plan necessary upgrades now to avoid last-minute expenses.
  • Enhance Tenant Retention: Offer longer tenancy agreements or make minor improvements to maintain a stable income.
  • Consider Property Management Services: Navigating compliance can be complex; hiring a professional service can save time and reduce stress.

Discover how we support landlords in Gloucestershire with our expert advice and services. Call 01452 300822.

Renters: Navigating Rising Rents and New Protections

The rental market remains competitive, but tenants now benefit from stronger rights under the Renters’ Reform Bill. January has seen continued demand for rental properties in Gloucestershire.

Tips for Renters:

  • Be Prepared: Keep references, ID, and proof of income ready to act quickly when you find a suitable property.
  • Understand Your Rights: Familiarise yourself with the new legislation to ensure you’re protected from unfair practices.
  • Expand Your Search Area: Flexibility on location or property type can open more options in a competitive market.

Visit our website to browse our latest rental properties in Gloucestershire to secure your next home.

Market Projections for 2025

The Bank of England has signalled no immediate changes to interest rates, which are expected to remain stable through the first quarter of 2025. This stability will likely encourage more transactions across the property market.

Key Statistics:

Average UK house price£297,166 (December 2024)

Average rent£1,270 per month

Time to sell58 days

January 2025 marks a promising start to the year for the UK property market. With careful planning and expert guidance, buyers, sellers, landlords, and renters can navigate these times effectively.

Whether you’re looking to buy, sell, rent, or let a property, TG Sales & Lettings is here to help. We publish our insights each month so that you can find out what’s happening in the UK property market. Contact us today on 01452 300822 or email rachel@tgres.co.uk for advice from your local property experts.