💷 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 📉.

📍 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% 🏙️.

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

📈 Following a short-term spike in cash purchases during 2023 and 2024, caused by high interest rates 🚫📉 deterring mortgage buyers, the market is now reverting to its longer-term trend, as interest rates fall and mortgage demand rises 📊🔁.

📚 Source: Dataloft by PriceHubble, ONS, UK HPI April 2025, England and Wales