And you don’t get forced home sellers without fancy ‘note from your Mum’ over the top financing & over-leveraged mortgage borrowing.
Yes, some parts of the London market aren’t good - they haven’t been good for years
The £3m+ market is a world of its own
Yet, if you could be bothered to read my write up in Property Industry Eye on Friday, you we see the £1m+ market has softened in the last 2 months
I am happy to say the bad stuff as well
And the good stuff
Yet, that also is a tiny part of the U.K. property market
And if you looked at the cold hard stats - yes it’s tough - yet plenty of UK homes are selling
* 25k homes sold subject to contract this week, slightly down from 25.3k last week.
* Week 38 average (for last 9 years) :24.8k uk homes sold stc
* 2025 weekly average : 26.1k.
* YTD: 994k gross sales, which is 5.6% ahead of 2024 (941k) and 13.4% above the 2017–19 average (876k).
See the comments section for graphs to back this up
Yes, some parts of the London market aren’t good - they haven’t been good for years
The £3m+ market is a world of its own
Yet, if you could be bothered to read my write up in Property Industry Eye on Friday, you we see the £1m+ market has softened in the last 2 months
I am happy to say the bad stuff as well
And the good stuff
Yet, that also is a tiny part of the U.K. property market
And if you looked at the cold hard stats - yes it’s tough - yet plenty of UK homes are selling
* 25k homes sold subject to contract this week, slightly down from 25.3k last week.
* Week 38 average (for last 9 years) :24.8k uk homes sold stc
* 2025 weekly average : 26.1k.
* YTD: 994k gross sales, which is 5.6% ahead of 2024 (941k) and 13.4% above the 2017–19 average (876k).
See the comments section for graphs to back this up
