House prices in the UK have shown resilience, with a positive outlook for 2025. House prices returned to growth in 2024, rising by 1.5% in the 12 months leading up to October. This marks a sharp improvement compared to the previous year, which saw a slight decline of -1.2%. As we look ahead, the average UK house price is expected to reach £267,000, with further growth of 2.5% predicted for 2025.
If you’re considering buying a home in Harlow or the surrounding areas, now is the perfect time to start planning. Here’s what you need to know about the housing market in 2025.
Positive Growth Across the UK Housing Market
In 2024, house price growth was seen across all regions and countries in the UK. Notably, Northern Ireland saw the highest increase at 6.3%, while North West England followed closely with a 2.9% rise. In southern England, including areas like Harlow, growth was more modest, below 1%. This trend is largely attributed to ongoing affordability challenges, but the overall market remains promising.
Expect a 5% Rise in Sales Agreed in 2025
Looking ahead, the UK housing market is set to see further positive movement in 2025. Sales agreed are expected to increase by 5%, reaching 1.15 million transactions, indicating strong demand despite affordability concerns. This could be the ideal time for first-time buyers, growing families, or investors looking for opportunities in the market.
How a Mortgage Broker in Harlow Can Help
If you’re planning to move home in 2025, whether you’re a first-time buyer or looking to remortgage, a trusted mortgage broker in Harlow can provide invaluable support. With the housing market in motion, securing the best mortgage rate and finding the right home loan for your circumstances is crucial. Mortgage brokers can:
- Help you navigate changing mortgage rates.
- Find competitive deals from a wide range of lenders.
- Provide tailored advice based on your financial situation.
- Guide you through the entire mortgage application process.
Why Choose Us as Your Harlow Mortgage Broker?
At Appleton Mortgages, we understand the unique housing market challenges in Harlow and the surrounding areas. With local expertise and a commitment to finding the best mortgage deals, we’re here to make the home-buying process as smooth and stress-free as possible.
If you’re looking to buy a home in Harlow or need mortgage advice, get in touch with us today. Let’s explore how we can help you secure your dream home in 2025!