Cribs Estates Weekly UK Property Market Update

The UK housing market this week shows signs of both cooling momentum and steady underlying strength, offering a nuanced outlook for buyers, sellers, and renters alike. Rising Stock, Slightly Softened Demand This week saw 32.7k new property listings, a modest dip from last week’s 33.7k but still performing well against annual averages. Year‑to‑date, listings are tracking 3.7% above 2024 levels and 7% ahead of pre‑Covid averages (2017–2019), highlighting robust supply availability. Price Reductions Still Elevated About 21.8k listings saw price reductions—equating to 14.1% of market stock, or roughly one in seven properties per month. While this reflects ongoing price sensitivity, it's consistent with recent months and above both 2024’s 12.1% and the long‑term five‑year average of 10.6%. Agreed Sales & Pipeline Health Sales agreed (“sold STC”) reached 25k, down from 26.9k last week—but still robust relative to historical norms. Cumulatively, agreed sales this year are 7.1% higher than in 2024 and 14.3% ahead of the 2017–2019 average, suggesting sustained demand in the face of market caution. Sale‑Through & Fall‑Through Rates July’s sale-through rate rate—properties marked “sold subject to contract”—stood at 15.4%, slightly above June’s 15.3% but trailing the eight‑year average of 17.9%. There were 6,027 sale fall-throughs last week, with the fall-through rate at 24.4%—very close to the long-term norm of 24.2%, and far better than post‑Truss levels over 40%. Net Sales & Completion Odds Net sales—meaning concluded sales after removing fall-throughs—totaled 19k, slightly down from last week’s 20.6k but above the 2025 weekly average of 20.2k. Year‑to‑date net sales now sit at 608k, outpacing both 2024 (574k) and the 2017–2019 average (551k). Moreover, 51.2% of listings that went on the market in July finalized with a sale—marginally lower than previous months but still signaling that more than half of listed properties are successfully sold. Market Depth & Rental Pulse As of 1 August, active stock stood at 763k homes—6.7% more than the same date last year—and the sales pipeline was robust at 512k homes, up 4% year‑on‑year. Meanwhile, average rent reached £1,876 pcm in July, slightly above last year’s £1,863—even as the YTD average remains at £1,767. What This Means for You For buyers, plentiful listings offer more choice and negotiating leverage—though many are adjusting prices. Sellers should know that one in seven properties is being reduced, so realistic pricing remains vital. Landlords can remain cautiously optimistic: demand stays steady and rent levels are creeping up. At Cribs Estates, we continue to monitor each segment closely. Whether you're buying, selling, or renting, we're here to provide insights, strategy, and exceptional service.

July 2025 Property Report – Policy Drives and Market Pulse in the UK Housing Sector

July 2025 was a month driven by heavy policies. Whilst mortgage costs remained unchanged, Westminster and regulators issued a flurry of consultations, draft regulations, and data releases that will shape the market well beyond the summer holidays. Here are the headlines of the month that every buyer, seller, and landlord should know about. Bank of England Keeps Base Rate at 4.25 % The Monetary Policy Committee’s last vote (18 June) left Bank Rate unchanged at 4.25 %, and no July meeting meant that stance was carried through the month. Lenders kept most five-year fixes between 3.9% and 4.3%, although analysts now widely expect a trim at the 7 August meeting. Why it matters: Stable base rates are giving borrowers a brief window to lock in sub-4 % deals before any autumn change happens. Renters’ Rights Bill Clears Lords Report Stage Peers finished examining closely the Renters’ Rights Bill on 15 July, agreeing on late amendments that extend the Decent Homes Standard to armed-forces family accommodation and tighten rules around local-authority penalties. The Bill now awaits consideration of the Lords' changes in the Commons after the recess. Why it matters: Abolition of Section 21 “no-fault” evictions is getting closer each day. Landlords should review tenancy processes now; delays could become longer once the Act is in force. New ‘Decent Homes Standard’ Consultation Launched On 2 July, DLUHC opened a 10-week consultation to update and extend the Decent Homes Standard to the private rented sector. Proposals include mandatory EPC Band C by 2030 and more precise timetables for tackling damp and mould. Why it matters: The new standard process could require more modernised spending on 2 million+ rented homes. Budgeting early will be cheaper than changing it once deadlines are fixed. ONS Data: Rent Inflation Cools, House Prices Go Up The average UK private rent rose 6.7% in the year to June, which came down from 7.0% in May. Whereas, the average house prices hit £269,000 in May, with annual growth of 3.9 %. Why it matters: Slowing rent growth offers slight relief to tenants, but rents are still rising twice as fast as wages in many regions. Steady price growth shows sales demand remains resilient despite election noise. Building Safety Levy Regulations Presented In Parliament The draft from the Building Safety Levy (England) Regulations was tabled on 10 July. If approved, a per-unit levy on most new residential developments will start on 1 October 2026 to help fund building-safety remediation. Why it matters: Developers must start factoring the levy into land bids now; higher build costs could spill into prices for new-build buyers. What’s the Bigger Picture? July’s policy blitz shows the government is sticking to its “quality and safety first” message. Tougher rental standards, the building-safety levy, and revived leasehold reform all point to higher compliance costs, but also a more professionalised market. Expect an August rate decision to set the tone for autumn mortgage pricing, and keep an eye on final Commons votes that could push the Renters’ Rights Bill onto the statute book before year-end.

June 2025 Property Report: Key Developments in the UK Housing Sector

June 2025 saw a steady flow of activity in the UK property market. Whilst mortgage rates remained low, landlord concerns remained the same due to strict regulations. Although property sales were stable, legal changes and summer election buzz kept many buyers and landlords on edge. Here’s a look at the UK property market over the past month. Mortgage Deals Still Low, So Buyers Take Advantage Lenders continued to offer competitive mortgage rates throughout June, with some five-year fixed deals still available below 4%. This has generated steady buyer interest, particularly from first-time buyers and homeowners seeking to remortgage. Estate agents across the UK reported an increase in mortgage applications, especially within regional areas where house prices are slightly more affordable. Why it matters: Low mortgage rates are helping to keep the market moving, but with inflation still a concern, buyers are being warned that these rates may not stay low forever. Renters' Rights Bill Is In Final Stage After months of debate, the Renters' Rights Bill moved closer to becoming law this month. Minor updates were made, but landlords remain concerned about the unclear wording and the potential for future long-term eviction delays. Tenant groups, on the other hand, are pushing for even stronger protections before the bill becomes law. Why it matters: If passed, the law will change how private rentals are managed in England. Landlords will need to plan for stricter rules and longer processes when dealing with problem tenants. This could lead some to sell their rental homes, affecting supply. Fewer Rental Homes Available and Rents Rising Again Reports in June show that the number of available rental properties has decreased in many cities, particularly in London, Manchester, and Birmingham. With fewer homes to choose from, average rents have increased again, and some areas saw rises of up to 5% over the past three months. Why it matters: Landlords leaving the market or reducing their portfolios could make it harder for tenants to find homes. This also puts more pressure on affordable housing in high-demand areas. Market Stays Steady Despite Election Noise Although political discussions and the upcoming general election have created some uncertainty, the property sales market remained steady in June. Most activity came from upsizers, relocators, and buyers looking to move before the school holidays. House prices remained flat primarily across the UK, with some slight increases in the South West and East Midlands. Why it matters: Buyers and sellers are still moving, but many are waiting until after the election before making big decisions. Political changes could affect taxes, housing policies, and market confidence. Landlords Warned About New Safety Rules Councils in Liverpool, Sheffield, and parts of London announced more inspections and enforcement this month. Several landlords were fined for failing to maintain good housing conditions, not obtaining gas safety certificates, and not participating in local licensing schemes. Why it matters: Landlords must now be extra careful to stay compliant with safety laws. Ignoring even minor rules can result in significant fines or bans on renting out properties. What’s the Bigger Picture? June 2025 was a good month for the property market. Mortgage rates kept demand healthy, but changes in the rental sector, driven by law and supply issues, created challenges for landlords and tenants alike. The buyers are encouraged to act quickly if they see a good deal. Landlords, on the other hand, should review their legal obligations and be prepared for further reform, as tenants may face higher rents and fewer choices in the coming months.

Living in Sloane Square

Sloane Square is Central London's most stylish and elegant place. This iconic square lies between Chelsea and Belgravia. The square is famous for its high-end shopping, stunning architecture, and lively culture. Whether you are interested in living, renting, investing, or just visiting, Sloane Square has something to suit everyone. Where is Sloane Square? Sloane Square is located in the Royal Borough of Kensington and Chelsea. It's within Zone 1 of the London Underground and has coverage from the District and Circle lines. It shares easy access to any part of London, and surrounding spots such as King's Road, Knightsbridge, and South Kensington make it quite appealing. A Stylish and Historic Location Sloane Square boasts an interesting past and a contemporary way of life. It has always been associated with royalty, artists, and the upper class. The square itself has a beautiful public area filled with trees and fountains. Around it, however, stand magnificent buildings, trendy cafes, and several of London's most renowned shops. High-End Shopping and Dining One of the greatest attractions of Sloane Square itself is its shopping. It is located near the well-known King's Road, which boasts numerous designer shops, boutique shops, and fashion houses. Peter Jones, one big department store owned by John Lewis, is a local landmark. The locality also provides excellent eateries and bars. From a fast coffee to fine dining, you'll discover the best restaurants, friendly cafes, and quaint pubs nearby. Arts, Culture, and Green Spaces Sloane Square is within close proximity to most cultural landmarks. The Royal Court Theatre sits directly on the square and is renowned for presenting new and provocative plays. Saatchi Gallery, which is nearby in Duke of York Square, features contemporary art and draws people from all corners of the globe. For those who value outdoor time, there are beautiful green areas close by. Battersea Park isn't far away and has vast open spaces, a riverside path, and even a small zoo. Hyde Park and St James's Park are also within easy reach. Living in Sloane Square Homes around Sloane Square are some of the finest in London. You’ll find elegant townhouses, smart flats, and luxury apartments. The streets are clean, safe, and well-kept, making them ideal for families, professionals, and those looking for a calm yet central place to live. Renting or purchasing property in Sloane Square is an expensive affair, but it does guarantee top-class quality, safety, and location. It's ideal for those who would love to experience the best of London while residing in a quiet and trendy neighborhood. Why Sloane Square is So Popular Sloane Square is adored by people because it presents a combination of old charm and new living. The district is tidy, peaceful, and full of character. It's ideal for people who wish to inhabit a central area without the common noise and bustle. Families are attracted by the top-performing local schools and open spaces. Professionals enjoy the convenient commute and chic lifestyle. Retirees appreciate the quiet and sophistication of the area. Investors also view Sloane Square as a secure location with long-term appreciation. How Cribs Estates Helps in Sloane Square We assist our clients in acquiring the appropriate home or investment in Sloane Square at Cribs Estates. We know what is expected of high quality in this location and provide individual attention to keep your relocation uncomplicated and effective. If you're looking to rent, buy, or invest in Sloane Square, we offer professional guidance, accurate listings, and complete assistance from beginning to end. We also work with landlords, and we offer complete property management services to deal with tenants, maintenance, and paperwork. We stand for transparent, honest, and welcoming service. It is the reason that individuals opt for Cribs Estates to deal with premium locations such as Sloane Square. If you are looking for your ultimate home or handling a valuable property, we are here to ensure a seamless process. Experience London Living with Cribs Estates Sloane Square is a postcode, but it's a way of life. And if you have Cribs Estates guiding you, you can discover the best of the area. From sophisticated homes to neighborhood culture, designer shops to peaceful walks, life in Sloane Square is an experience. Let Cribs Estates assist you in finding your home within one of London's most refined neighbourhoods. Contact us today to begin your property journey in Sloane Square.