29 Sep 2025
Buyers purchasing properties sooner
According to industry data, the expected wait for those looking to buy a property has dropped from just over 11 months to less than six months.
Back in 2021, prospective buyers could expect to wait more than 11 months from beginning their search for a property to completion, compared to a drastic fall to just under six months in 2024 and 2025 so far.
The reason for this is down to market conditions. The housing market has gone from a ‘seller’s market’ to more of a ‘buyer’s market’ with an increase in property listings and the option to negotiate, as well as higher interest rates, and more available properties, which is shifting in favour of buyers.
The research shows that 88% of first-time buyers in 2025 are expecting to purchase a property within 18 months, which was previously only 75% in 2021. This shows us that prospective buyers are feeling more confident about getting onto the property ladder in a shorter space of time.
If you’re looking for free advice and support in navigating the mortgage market, give Mortgage Required a call on 01628 507477.
Source: Mortgage Introducer
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