59% Increase in First Time Buyers in Summer 2025

The summer of 2025 saw a 59% increase in first-time buyers getting on the property ladder compared to the same period in 2024, according to a report by Compare My Move who surveyed users purchasing a house with a conveyancing solicitor.  

 

  Average Percentage of First-Time Buyers 
Year  Entire Year  Summer Months 
2024  66%  64% 
2025  68%  69% 

 

Out of more than 12,000 buyers who used a Compare My Move conveyancer during the summer of 2025, 69% were first-time buyers. This marks an increase from 64% in summer 2024, showing a clear rise in those purchasing their first home. In fact, first-time buyers now make up the majority of movers, outnumbering those who’ve bought before. 

This trend isn’t limited to the summer months either; across the whole of 2025, 68% of buyers were first-time purchasers, up from 66% in 2024. However, the shift has been most pronounced during the summer, when first-time buyer activity reached its peak. 

Dave Sayce co-founder and managing director of Compare My Move, comments on why this increase has happened and why 2025 might be a better year to be a first-time buyer.  

“The summer of 2025 has been far more politically stable than the same period in 2024, when the General Election caused many potential buyers to delay moving or taking out mortgages due to uncertainty about the economy and housing market. 

Since then, there’s been a strong push to make homeownership more affordable for first-time buyers, supported by a significant drop in the mortgage base rate from last year’s highs. 

The government has also introduced mortgage guarantee schemes, allowing buyers to secure mortgages with smaller deposits, and has committed to building more new homes. These factors, combined with lower borrowing costs, have made it easier for first-time buyers to get onto the property ladder. Looking ahead, it’s likely that next summer will see even more first-time buyers entering the market. Especially with new reforms that the government are proposing, we are going to see a first-time buyer boom. 

EAN Breaking News

Breaking News from the team at Estate Agent Networking. Have a new story to share with us? Then please get in contact today! When and where we can we will refer to third party websites with a 'live link back' where news was released first.

You May Also Enjoy

Breaking News

Solutions to fix construction skills

The Centre for Social Justice (CSJ) has released a report titled, ‘Skills to Build: Fixing Britain’s construction workforce crisis.’ After speaking to several organizations and having roundtables to garner a wide understanding of the sectors’ perspectives and needs, they have proposed twenty six recommendations that will fix the issues underpinning the skills crisis. Richard Beresford,…
Read More
Breaking News

Budget Commentary – Mansion Tax, Business Rates & Planning Reform

Andrew Teacher, Co-founder at LauderTeacher, one of the UK’s leading advisors on real estate communications, investor relations and a former spokesman for the BPF, comments on the potential Budget. Mansion tax “Nobody likes paying tax, but the reality is a council tax revaluation is long overdue. Rather than distorting the market, which is what a…
Read More
Rightmove logo
Breaking News

Budget 2025 market data & home-mover and agent insight

Speculation about property tax changes is fuelling uncertainty across much of the market Rightmove research found that home-movers would favour staggered stamp duty payments, while a poll of estate agents also suggested that staggered payments would be a preferable change to shifting payment to the seller Rightmove data on rumoured property tax changes Mansion Tax…
Read More
Breaking News

Breaking Property News 24/11/25

Daily bite-sized proptech and property news in partnership with Proptech-X. Symple resolves four core issues in the new Renter’s Rights Act Automating compliance in the new PRS landscape   The Renters’ Rights Act has raised the bar for private landlords in England in terms of property condition, hazard resolution, evidence of compliance and regulatory registration. Symple…
Read More
Breaking News

What does Rachel Reeves have in store for the UK property market?

With the Autumn Budget now just days away, speculation is mounting that the Chancellor, Rachel Reeves, will use property taxation as a central tool to address the widely reported fiscal shortfall of between £20bn and £40bn. As a result, the housing market has entered a period of caution, with asking prices falling 1.8 percent in…
Read More
Letting Agent Talk

Why Property Guarantors Need Legal Advice Before Signing

When it comes to property deals, it’s natural to look for additional support, especially when you’re not fully confident about meeting the terms of the agreement. This is where a guarantor comes into play, as they step in to give the property owner some assurance. The idea of helping someone you trust can feel quite…
Read More