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Spring Market Update: What’s Driving Property Trends in 2025?

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Spring Market Update: What’s Driving Property Trends in 2025?

Spring has arrived, and with it comes renewed energy in London’s property market. From lettings to sales, we’re seeing a clear uptick in activity and for good reason. Whether you're a landlord, seller, or simply keeping an eye on the market, understanding what’s driving demand this season can help you make smart, timely decisions.

Here’s what you need to know.

Lettings: A Surge in Tenant Demand

The rental market is gaining real momentum as we move into the warmer months. At Douglas & Gordon, we’ve seen a significant increase in tenant enquiries, up 46% compared to this time last year. This surge is echoed in recent data from Rightmove, which reports an 11% rise in new rental properties coming to market in March and an 18% increase in overall rental availability year-on-year.

So, what’s behind the jump in activity?

  • Graduates and young professionals are relocating for new roles.
  • Families are beginning their search ahead of the September school term.
  • Seasonal supply is picking up, but demand continues to outpace it, making timing more important than ever.

Sales: Confidence and Competition Are Growing

Spring has also brought renewed energy to the sales market. Buyer registrations and property launches have both risen since Easter, with sales enquiries climbing 25% from February to March.

Despite the end of the stamp duty incentive earlier this year, buyers remain active, particularly:

  • Families looking to move before summer or ahead of the next school year.
  • First-time buyers benefiting from mortgage rates dipping below 4% and more favourable lending conditions.
  • Outdoor space seekers, as gardens, terraces, and balconies continue to top buyer wish lists.

The spring season traditionally signals the start of the busiest selling window and this year is no exception.

Planning Ahead

Whether you're considering letting out a property or preparing to sell later this year, laying the groundwork now is key. A well-timed valuation or portfolio review can give you the insight needed to act with confidence when the moment is right.

Contact your local D&G team today for a free, no-obligation valuation via email [email protected] or call us on 020 7963 4600.