“The market is on course to post its strongest performance in a number of years, with a heightened level of transactions driven by consistently strong buyer appetites”
– Colby Short – GetAgent
New research from GetAgent.co.uk indicates that the UK property market is showing its strongest performance since 2022, based on current levels of buyer activity and completed sales.
Using data from HMRC and the Bank of England, GetAgent examined residential property transactions and mortgage approvals between January and June 2025. These figures were compared with the same periods in previous years to assess recent market performance.
The analysis found that 623,500 property transactions were recorded across the UK in the first half of 2025. Over the same period, 383,194 mortgage approvals for house purchases were logged.
This equates to an average of 103,917 property transactions and 63,866 mortgage approvals per month, the highest levels seen since 2022.
In comparison, the market averaged 87,912 monthly transactions and 60,132 mortgage approvals between January and June last year. In 2023, activity was similar in terms of completed transactions, with an average of 86,772 per month, although mortgage approvals were lower at 48,003 per month.
So far, 2025’s figures are just short of those seen in 2022, when the average monthly transaction count reached 108,197 and monthly mortgage approvals hit 67,666.
Colby Short, co-founder and CEO of GetAgent, explained, “The market is on course to post its strongest performance in a number of years, with a heightened level of transactions driven by consistently strong buyer appetites,” he said. “While the stamp duty deadline did influence early activity, causing a notable surge in homes sold in the run-up, this was followed by a temporary dip in April.
“What’s more telling is that mortgage approvals have remained consistently strong throughout the year to date, suggesting plenty of buyer appetite to drive transactions through the remainder of the year.
“From the thousands of conversations our Client Services team has with home sellers each week, it’s clear many remain confident in the market, with about half of the introductions we facilitate proceeding to list within six months.
“All signs point to a sustained period of confidence and momentum in the housing market throughout 2025.”