Property Market Spring Update

24 April, 2025

I'm very pleased to report a strong and encouraging start to the 2025 property market. Much of this early momentum has been driven by the impending change to Stamp Duty rates, which prompted a significant surge in activity as buyers rushed to complete their purchases before the 31st March deadline. This window of opportunity provided a notable tax saving and brought many would-be movers into action.

Now, as we move into Spring – traditionally the most active season for the housing market – the signs remain positive. Easter has always marked the unofficial start of the property calendar, and this year is no exception. We're also fortunate to be enjoying a spell of fine weather, which tends to bring both buyers and sellers out in force, creating ideal market conditions.

Adding to this is a potential knock-on effect of shifting economic conditions from our friends across the pond may well see a favourable impact on UK interest rates, particularly fixed-rate mortgage deals. While nothing is guaranteed, there’s a growing sense of hope that borrowing could become more affordable in the months ahead.

I am also delighted to report that 2025 marks Pearsons 125th year, having been established in 1900 with the first Pearsons office being opened in Fleet, Hampshire by Alfred Pearson. Since then we have been helping people sell their homes for 125 years, not everything stands the test of time, but great customer service does, that is how we have kept our customers moving through calm and crisis for 125 years and how we can lead the way on your next move.

As ever, we’re here to guide you through every step of your property journey – whether you're buying, selling, or simply looking for advice.

Wishing you happy house hunting and a wonderful spring.

With very best wishes

Mark Gilbert

Managing Director

Pearsons Estate Agents