π The share of cash buyers in Great Britain has declined, with 27% of sales currently cash-funded compared to 33% a year earlier π.
π The South West still leads with the highest proportion of cash buyers at 33% (down from 40% β¬οΈ), while London has the lowest at 18%, a drop from 25% ποΈ.
π° On average, cash buyers paid Β£19,385 less per property, equating to 7.2% less than those using mortgages π¦.
π Following a short-term spike in cash purchases during 2023 and 2024, caused by high interest rates π«π deterring mortgage buyers, the market is now reverting to its longer-term trend, as interest rates fall and mortgage demand rises ππ.
π Source: Dataloft by PriceHubble, ONS, UK HPI April 2025, England and Wales