Kevin Shaw, nationwide gross sales managing director, Romans (an LRG firm)
Based on Zoopla, the common dwelling within the UK takes just below six months to promote, from being listed in the marketplace to completion. Nonetheless, that’s simply a median determine, and the size of time can differ considerably, relying on:
• The kind of property – e.g. two-bed terraces are likely to go underneath supply way more rapidly than bigger indifferent properties
• Whether or not the customer requires a mortgage
• The effectivity of the authorized corporations
• How rapidly the native authority can return searches
• Whether or not there are any points with the property that require investigation on behalf of the customer
• The time of yr you go to market – folks are likely to choose to maneuver within the late spring or summer time…
And some of the vital elements might be how busy the market is in your space on the time you need or must promote.
The newest knowledge from TwentyCi exhibits that the variety of gross sales agreed in Q2 2025, in comparison with the identical interval in 2024, and due to this fact the demand from consumers, different vastly by metropolis. Whereas gross sales had been up by double digits in Manchester, Cardiff, Edinburgh and Birmingham, they’d dropped by 4% in internal London and barely grown in Plymouth and Norwich. Though the next degree of exercise in your native market gained’t essentially make a sale undergo extra rapidly, it ought to take a lot much less time to safe a purchaser.
The analysis additionally reveals that within the yr to the top of March 2025, the South East of England was essentially the most difficult place to promote, with solely 50% of listings efficiently going via to completion and a fall-through price of 26.5%. On the different finish of the spectrum, transactions had been a lot simpler in Scotland, the place virtually 80% of listings had been accomplished and the fall-through price was simply 13%. That is primarily due to the totally different authorized course of north of the border.
For Q2 of this yr alone, London proved the toughest place to promote, with solely simply over 37% of listed properties finishing a sale. General, it was simpler in case you had been promoting within the North of England and the Midlands than within the South of the nation.
Which varieties of properties are promoting most rapidly and why?
TwentyCi’s knowledge for Q2 this yr confirmed that demand is strongest for terraced and semi-detached properties, and properties with three bedrooms (two-bedroomed properties had been simply behind). This isn’t shocking, as these sorts of mid-range properties are hottest with households and younger professionals interested in the UK’s main cities by employment alternatives, facilities, and total high quality of life.
In the meantime, flats take longer to promote, primarily as a result of the legals and securing finance can take extra time because of further contracts between the owner/freeholder who owns the property and land it sits on, whereas the customer leases dwelling in a part of the property for a time frame. As well as, because of new constructing and fireplace security legal guidelines, the quantity of knowledge wanted to purchase a flat safely has elevated, and this may take time to safe.
So, if in case you have a two- or three-bedroomed home in a city or metropolis with a robust native financial system, the chances are high that you’ll have the ability to promote way more rapidly than the common, in round two to 3 months.
What’s the busiest time to maneuver?
Though the final Friday in August is extensively quoted because the busiest day of the yr to maneuver, the analysis discovered that in 2024, it was the final Friday in June, intently adopted by the twenty eighth of March.
For a few years, the final working day of the month has been the most well-liked time to finish, because it coincides with payday for many individuals, and people transferring on from renting can transition out of a rental settlement on the finish of their month-to-month lease cycle. Friday is the popular day, so that folks have the weekend to get moved in, and the late spring/summer time months with longer daytime are clearly preferable to the darker and usually much less clement autumn and winter.
All this stated, we all know that some properties will all the time be snapped up and promote rapidly, whatever the time of yr, even when the native market isn’t notably fast-moving. And it’s additionally true that sure properties can stick whereas others round them are promoting, which might be for any variety of causes. Each village, city and metropolis has micro-markets, which is why it’s essential to work with an skilled and certified native agent who can advise you on the worth and advertising technique that ought to obtain the quickest sale.
In case you are pondering of promoting, we’re right here to assist. Simply get in contact together with your nearest department and one among our gross sales specialists can be comfortable to rearrange a free valuation of your house.
