🏡 June 2025 Property Market Pulse: What Agents Need to Know (And Actually Care About)

Welcome to June. The sun’s out (kind of), the cricket season has started, and in true British fashion, the housing market is doing its own slightly unpredictable thing. Whether you’re running a sales team, managing a lettings portfolio, or simply trying to work out what on earth your next LinkedIn post should say—here’s your no-fluff rundown of what’s happening in the property world this month.

1. House Prices: Up Again

After a slight wobble in April (thanks, stamp duty), UK house prices bounced back in May with a 0.5% rise—now 3.5% higher than this time last year. Falling mortgage rates and a boost in wages are giving buyers a bit more clout. Forecasters reckon we’re looking at annual growth of between 2% and 4.5% over the next couple of years.

🧠 What this means for agents: Now’s the time to be banging the drum. There’s still momentum in the market, and for buyers or sellers sitting on the fence, a little nudge about rising prices might just get them moving - but let's be sure to keep sellers' expectations realistic.

2. Rents: Hitting Record Highs

In the lettings world, rents are climbing again—£1,226 is now the average for a new tenancy in England, up from £1,216 in April. That’s the highest average since October 2024.

🧠 What this means for agents: If you manage lettings, this is your reminder to check in with landlords. Make sure their properties are in good shape, priced right, and that tenants are sticking around. There’s opportunity here—but only if you’re staying on top of the detail.

3. Regulation: Renters’ Rights Bill Shake-Up

Here we go again—legislation is looming. The proposed Renters’ Rights Bill is pushing nearly half of UK landlords to raise rents, with average increases of 6% (well above the 3.6% inflation rate).

🧠 What this means for agents: You have to be the steady voice here. Proactively talk to your landlords—help them understand the changes, stay compliant, and avoid knee-jerk decisions that could land them in hot water or alienate tenants. This is where great agents shine.

4. Mortgages: A Tale of Two Months

After a March surge, mortgage approvals dropped in April to their lowest point since Feb 2024. But May held steady, with house prices still on the up. What’s driving it? Low unemployment, rising wages, and a bit more consumer confidence creeping in.

🧠 What this means for agents: First-time buyers will need reassurance and solid advice. Brush up on your mortgage insights and make sure you’re offering more than just listings—you’re a guide through the maze.

5. Lettings Tech: Innovation Incoming

Eight shiny new proptech startups have joined the REACH UK scale-up programme, all aimed at making property transactions slicker, faster, and more efficient. Think smarter processes and better property management tools.

🧠 What this means for agents: Don’t sleep on this. The lettings industry is getting a digital facelift, and the agents who embrace this stuff early will come out ahead. Keep your tech stack fresh and your mindset open.

In Summary: Opportunity Knocks (But Only If You’re Paying Attention)

This month’s market offers a mixed bag—some good news, some curveballs, and a whole lot of moving parts. But if you stay curious, communicate well, and don’t shy away from change, there’s real opportunity to grow your business and add value.

As ever: be useful, be human, and above all—be memorable.