DATA: Rightmove reported UK asking prices rose 0.1% in year to Jul 2025
They report(PDF) that “While there’s usually a seasonal dip in prices in July, this is the largest monthly price drop at this time of year recorded by Rightmove over more than twenty years of data”. They also report “the number of available homes still at a decade-high level” but “The number of sales being agreed is 5% higher than at this time last year”. They have also reduced their house price forecast for the year from +4% to +2%.
DATA: ONS reported £1.17bn of SDLT receipts in Jun 2025
Total Stamp Duty Land Tax receipts, covering both residential and commercial property, were 5.2% higher than the same month last year. This data provides an early insight into next week’s HMRC residential transactions data.
DATA: UK Finance published buy-to-let lending insight for Q1 2025
They report “The average gross buy-to-let rental yield for the UK in Q1 2025 was 6.94 per cent, compared with 6.88 per cent in the same quarter in the previous year” and “The average interest rate across all new buy-to-let loans in the UK was 4.99 per cent in Q1 2025”.
DATA: UK Finance published largest mortgage lenders data for 2024
See Chart of the Week for more detail.
DATA: ONS published families and households in the UK data for 2024
They report “There were 28.6 million households in the UK in 2024” and “More people lived alone in 2024 (8.4 million) than in 2014 (7.6 million), and a larger proportion of them were aged 65 years or over”. They also reported “One third (33.7%) of men aged between 20 and 34 years lived with their parent(s) in 2024, compared with less than a quarter (22.1%) of women”.
DATA: ONS subnational dwelling and household tenure estimates
They report “Castle Point and Rochford, both in the East of England, had the highest percentage of owner-occupied dwellings (80.6%), and Tower Hamlets, in Inner London, had the lowest (27.5%)”.
DATA: HMRC published Capital Gains Tax data
They report “for the 2024 to 2025 tax year, 163,000 taxpayers have filed 176,000 returns through the service, reporting 183,000 residential property disposals” and “This represents increases from the 2023 to 2024 tax year of 25% for number of taxpayers, 26% for number of returns, and 28% for number of disposals”.
DATA: MHCLG published statutory homelessness for Q1 2025
The data for England shows “37,610 households were assessed as being threatened with homelessness, and therefore owed a prevention duty which is down 4.5% from the same quarter last year” and “45,840 households were initially assessed as homeless and therefore owed a relief duty, down 7.1% from the same quarter last year”.
DATA: Financial Market Expectations For BoE’s Bank Rate
The chart provides a summary for the expected future level of Bank Rate based on daily data. The One Year figure was 3.47% on the 22nd Jul compared to 3.45% on the 15th Jul.
DATA: New Build Energy Performance Certificates, England
This chart provides a summary of the number of EPCs on new build properties, a useful leading indicator for net additions. The 52-week rolling total was 207,612 for the week commencing 14th Jul, down slightly from 208,013 the previous week.
POLICY: MHCLG published annual report and accounts for 2024/25
The NAO report on the accounts has some interesting details on the Help to Buy equity loan portfolio valuation model.
REPORT: CSJ reported on scaling up Housing First in England
They “make the case for a targeted expansion of Housing First in England, to deliver 5,571 places by 2029/30”.
REPORT(PDF): BPF reported on who lives in build-to-rent
They report 30% of their sample’s residents are students compared to 8% across the private rented sector. They do note that “It does vary across schemes; in some, students are a low single-digit representation, and in others, it is closer to 50%”.
REPORT: Savills reported on the development land market
They report “Savills development agents have reported an uptick in the number of sites coming onto the market since the start of the year” and “UK greenfield land values have been broadly flat, softening slightly by -0.2% in Q2 2025, taking annual growth to 0.6%”.
BLOG: Bank Underground on mortgage flexibility and monetary policy
Their analysis finds “during periods of rising interest rates, about one-in-three households rely on additional borrowing and on extending loan repayment terms, in order to smooth the impact of higher monthly mortgage repayments” while “Those not exploiting these flexibility measures when refinancing, reduced their spending materially when faced with a rise in borrowing costs”.
NEWS: Savills published new UK house price forecasts
They have reduced their forecast for the annual change in national house prices this year from 4.0% (published last November), to 1%. Their five-year total is slightly higher at 24.5% (previously 23.4%).
NEWS: Hamptons published new GB rental forecasts
They have reduced their forecast for the annual change in rents across Great Britain this year from 4.5% to 1.0%.
CORPORATE: PRS REIT published Fourth Quarter Update
They report “Rent collection in the period was 99% (Q4 2024: 100%) and physical occupancy at 30 June 2025 was 96%” while “Like-for-like rental growth on stabilised sites over the year to 30 June 2025 was 9.6% (year to 30 June 2024: 11.7%)” and “Affordability (which is average rent as a proportion of gross household income) continues to be favourable at c.24%”.
CORPORATE: Rightmove published Half-Year Report
They report “Average Revenue per Advertiser (“ARPA”) grew by £112, predominantly product-led, with particular strength in New Homes” while membership increased as “Agent formation returned to levels not seen since 2020, as the market is more conducive to new entrants” but “New Homes’ marginal increase reflects continued low levels of new build developments coming to market”.
Chart of the Week
A quiet week for housing data and reports means I’ve got plenty of room for this week’s chart. It shows the top 25 mortgage lenders based on the total value of gross lending in 2024 based on data published by UK Finance. It also shows the net change in outstanding balances for each lender from 2023 to 2024.
Lloyds Banking Group remains the largest lender in terms of both gross lending and balances outstanding, but Nationwide’s purchase of Virgin Money has seen it overtake NatWest in the gross lending charts and it’s not far behind Lloyds. Nationwide also had the biggest increase in net lending from 2023 to 2024. Meanwhile, both Barclays and Santander remain significant in terms of gross lending but both saw a net decrease in outstanding balances from 2023 to 2024.
