Summer 2025 Property Auctions Update
What can we expect from the property market for the remainder of 2025?Call 0800 862 0206 for your FREE sale price estimate
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What can we expect from the property market for the remainder of 2025?
Over the past year, two principal factors have continued to dominate the housing market: rising interest rates and the soaring cost of living. Although the Bank of England eased rates from 5.25% in July 2024 to 4.25% in May 2025 – further reductions are anticipated this year – a development that could help stabilise buyer sentiment.
Updated by: Mark Grantham on 1st August 2025
Another significant influence on the market has been the government’s autumn Budget (30th of October 2024), particularly the introduction of a 5% stamp duty surcharge on additional properties (second homes and buy to let). While the certainty provided by clear fiscal policy has supported consumer confidence, the surcharge has understandably weighed on appetite for investment homes.
Recent developments
Rising costs, driven by global supply chain disruptions and international trade tensions, have added to broader economic uncertainty. These pressures are filtering through to various sectors, including housing, leading many prospective buyers to adopt a more cautious approach. As a result, some are delaying property purchases, which has contributed to a slight slowdown in market activity.
Meanwhile, sentiment among both buyers and sellers remains fragile. Although the availability of mortgage finance has steadied, many remain concerned that upcoming interest rate cuts may not materialise as quickly or as significantly as hoped.
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Commission is typically in the region of 2%+VAT of the final sale price, only payable when your property successfully sells.