Trends in the Residential Property Landscape

Despite the expiration of Stamp Duty Land Tax (SDLT) relief earlier this year, the UK residential property market has demonstrated notable resilience, according to the latest Landmark Residential Property Trends (April 2025). 

In Q1 2025, property completions surged by 30% compared to the same period in 2024, with a particularly strong performance in March. A 7% spike in completions that month reflected a final push by buyers to complete transactions ahead of the SDLT deadline. This deadline-driven activity created a short-term rush, but market momentum still remains strong. Listings also held steady, with volumes rising 1% year-on-year in Q1. However, supply is now exceeding demand due to persistent affordability challenges.

Mortgage valuations increased 8% year-on-year due to stable interest rates, indicating continued growth potential in the mortgage market. The number of properties marked as Sold Subject to Contract (SSTC) rose by 4.4% from February to March, reinforcing signs of healthy buyer interest. 

While the SDLT relief deadline increased activity for a short period, the property market’s strengths indicate a positive trend for 2025. Despite this, affordability remains a key concern: uncertainty over government policies regarding interest rates and fiscal policies will play a decisive role in shaping the market landscape in the coming months.

For property professionals, particularly chartered surveyors, these trends signal steady, and possibly rising, demand for surveying and valuation services. In a shifting regulatory environment, the expertise of RICS-accredited professionals is more valuable than ever. 

At Nicholas & Co. Surveyors, we provide trusted, professional property advice across the South East. Our expert advice and professional services ensure accuracy, integrity, and peace of mind for property purchases. 

If you’re interested in how Nicholas & Co. Surveyors can help you, please contact us today.

Telephone: +44 203 633 5370 / +44 1992 939 201

E-Mail: enquiry@nicholassurveyors.com