With that, we are ending this live New Year’s coverage. A very very happy 2025 to all of you, and thank you as always for reading. May your year involve lots and lots more reading of all kinds – and more confetti:
Updated
Good news for home buyers in the UK in 2025: experts have predicted a “buyer’s market” for house hunters in the year ahead, giving them greater negotiating power as the mood of the housing market shifts to “cautious optimism”.
However, even the more hopeful expectations for 2025 were met with caution, as an important stamp duty relief for first-time buyers was scheduled to end in the spring, as well as potentially high interest rates and taxes bearing down on the market.
