The property market was at its strongest point since 2022, with both mortgage approvals and transactions reaching their highest monthly averages in three years, according to the latest research from GetAgent.
Between January and June 2025, there were 623,500 property transactions and 383,194 mortgage approvals.
That worked out at a monthly average of 103,917 transactions and 63,866 mortgage approvals.
Last year, the market saw an average of 87,912 transactions and 60,132 mortgage approvals per month over the same period.
In 2023, transactions were similar at 86,772 a month, but mortgage approvals were lower at 48,003 per month.
The current figures are just below 2022’s levels, when there was an average of 108,197 transactions and 67,666 mortgage approvals each month.
Colby Short, co-founder and CEO at GetAgent, said: “The market is on course to post its strongest performance in a number of years, with a heightened level of transactions driven by consistently strong buyer appetites.
“While the stamp duty deadline did influence early activity, causing a notable surge in homes sold in the run-up, this was followed by a temporary dip in April.
“What’s more telling is that mortgage approvals have remained consistently strong throughout the year to date, suggesting plenty of buyer appetite to drive transactions through the remainder of the year.”
Short added: “From the thousands of conversations our client services team has with home sellers each week, it’s clear many remain confident in the market, with about half of the introductions we facilitate proceeding to list within six months.
“All signs point to a sustained period of confidence and momentum in the housing market throughout 2025.”
