πŸ’· Cash Buyers’ Cooldown ❄️

🏠 The share of cash buyers in Great Britain has declined, with 27% of sales currently cash-funded compared to 33% a year earlier πŸ“‰.

πŸ“ The South West still leads with the highest proportion of cash buyers at 33% (down from 40% ⬇️), while London has the lowest at 18%, a drop from 25% πŸ™οΈ.

πŸ’° On average, cash buyers paid Β£19,385 less per property, equating to 7.2% less than those using mortgages 🏦.

πŸ“ˆ Following a short-term spike in cash purchases during 2023 and 2024, caused by high interest rates πŸš«πŸ“‰ deterring mortgage buyers, the market is now reverting to its longer-term trend, as interest rates fall and mortgage demand rises πŸ“ŠπŸ”.

πŸ“š Source: Dataloft by PriceHubble, ONS, UK HPI April 2025, England and Wales