UK home sales agreed in 2025 tell a story of steady progress rather than drama. Many regions are seeing uplift thanks to realistic pricing and strong demand, while others are adjusting to affordability and expectations. The market is functioning, confident, and increasingly shaped by local conditions.

This data shows a clear north–south split in UK housing supply. Homes for sale are rising across London and the South, while much of the North is seeing stock fall. The contrast raises questions about affordability, confidence, and whether higher supply in the South could limit house price growth into 2026.

A new £2m-plus home surcharge is billed as progressive, but its impact falls mainly on London and the South East, where many owners now face an annual bill from 2028. Critics warn it punishes long-term residents, cools the prime market and deepens regional divides, even as households weigh downsizing. Many fear a new cliff edge at £2m too.

Being a landlord in 2025 comes with fresh challenges, from shifting regulations to changing tenant expectations. Whether you’re experienced or new to lettings, this checklist will help you stay compliant, competitive, and confident in the year ahead.