UK House Price Index from Nationwide -Thoughts from the Industry

January 31, 2025

Commenting on the latest UK House Price Index from Nationwide showing property prices have risen by 4.1%, here are some thoughts from the Industry.

Daniel Austin, CEO and co-founder at ASK Partners:

“We are continuing to see a rise in house prices, which is hopefully the sign of an upward trend developing going into 2025. The market certainly appears to be showing signs of resilience. We expect to see an active period for the market as buyers look to get ahead of changes in stamp duty thresholds from April that will have an adverse effect on affordability.

“In the property investment world, rent values have seen sustained growth, positioning real estate as reasonably valued in comparison to gilts and presenting growth potential. The exodus of buy-to-let mortgage holders following last year’s Budget had caused prices to rise in the UK rental market due to a lack of supply. We have already seen a rise in mortgage approval rates back to levels previously seen before the 2022 mini-Budget. The impact on the rental market should entice developers of schemes such as co-living and build-to-rent to fulfil the lack of supply.

“As a debt provider, we hope to support well-capitalised borrowers who understand their product and are looking at the best sites in prime locations with potential to add to their asset value. Following this strategy, we aim to bolster developers’ initiatives with the flexible underwriting approach that is necessary for navigating a changing market. This will enable us to continue to offer opportunities for the growing number of private individuals opting to invest in property debt.”

 

Nathan Emerson, CEO of Propertymark:
“Moving into 2025, it’s positive to see that house prices and mortgage lending remain resilient despite continued affordability pressures. Currently, it’s likely a lot of movement in the market is due to people wanting to push through with their purchases and sales before the Stamp Duty rises in England and Northern Ireland in April. However, one aspect helping maintain momentum in the marketplace is the fact that mortgage rates and financial pressures are slowly improving for those looking to make a move.
“Propertymark member agents have reported that new buyers registered per branch have on average increased year on year by 44%. Therefore, with demand rising, now is potentially a great time to consider putting your house on the market and taking advantage of current market conditions.”

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Breaking News

Property market momentum set to continue

The latest analysis from award-winning mortgage adviser, Alexander Hall, has revealed that mortgage market momentum has been building steadily over the last three years, with average monthly approvals for both house purchases and remortgaging increasing, and further growth forecast across the first half of the year. Alexander Hall analysed historic Bank of England data on…
Read More →
Breaking News

Three major cities buck commuter belt trend

The latest research from Property DriveBuy has found that house price growth across Britain’s major cities continues to lag behind their surrounding commuter belts in most cases, although three major cities are now bucking this wider trend by delivering stronger and more consistent rates of growth, whilst London is the only city to see a…
Read More →
Breaking News

One feature that can see homebuyers bag a bargain

The latest research from eXp UK reveals that low EPC-rated homes present a potential bargain for homebuyers, as house price savings of up to £54,000 far outweigh the cost of remediation. eXp UK has analysed average house price data for properties currently on the market in England with an EPC rating of E or worse*,…
Read More →
Breaking News

Property expert reveals six easily avoidable house-buying errors

Viewing a potential new home is exciting, but many buyers and renters get caught up in the decor and the layout and ignore some potential red flags that may mean they’ll regret their choice a few months down the line. Property expert, Jamie Williams, from Pure Property Finance, discusses five things you need to consider,…
Read More →
Letting Agent Talk

Renovating Rental Properties: How to Reduce Costs, Attract the Best Tenants, and Increase Profits Without Unnecessary Investment

Renovation is where many landlords either make or lose their competitive advantage. Spend too little and the property sits empty or attracts unreliable tenants. Spend without strategy and you eat into years of projected profit on upgrades tenants never notice. The sweet spot lies in understanding what drives tenant decision-making and directing every pound toward…
Read More →
Breaking News

Are landlord repossessions set to spike ahead of RRA?

Calm before the storm? Landlord repossessions fell in 2025, but they could now spike ahead of the Renters’ Rights Act New analysis from Inventory Base reveals that the number of landlord possessions fell by almost -8% in 2025, but does the introduction of the Renters’ Rights Act mean that numbers are set to spike in…
Read More →