๐Ÿ’ท Cash Buyers’ Cooldown โ„๏ธ

๐Ÿ  The share of cash buyers in Great Britain has declined, with 27% of sales currently cash-funded compared to 33% a year earlier ๐Ÿ“‰.

๐Ÿ“ The South West still leads with the highest proportion of cash buyers at 33% (down from 40% โฌ‡๏ธ), while London has the lowest at 18%, a drop from 25% ๐Ÿ™๏ธ.

๐Ÿ’ฐ On average, cash buyers paid ยฃ19,385 less per property, equating to 7.2% less than those using mortgages ๐Ÿฆ.

๐Ÿ“ˆ Following a short-term spike in cash purchases during 2023 and 2024, caused by high interest rates ๐Ÿšซ๐Ÿ“‰ deterring mortgage buyers, the market is now reverting to its longer-term trend, as interest rates fall and mortgage demand rises ๐Ÿ“Š๐Ÿ”.

๐Ÿ“š Source: Dataloft by PriceHubble, ONS, UK HPI April 2025, England and Wales