As we look ahead to 2025, the UK property market is shaping up to be one of stability, with both challenges and opportunities on the horizon for homeowners and prospective buyers. Whether you’re based in Shoreham-by-Sea or elsewhere in the UK, it’s important to stay in the loop about what might affect your property plans. As an agency who knows Shoreham inside and out, we have put together this forecast to give you a clearer picture of what to expect in 2025—on both a local and national scale.
National Property Market Outlook for 2025
- Steady Price Growth Across the UK
After the property market saw some huge price jumps in recent years, 2025 will likely see more moderate growth. Nationally, home prices are expected to rise by around 2-4%. For those thinking of buying, this offers a bit of a breather as the market stabilises. While sellers may not see the same rapid increases, steady price rises still make property a good investment. - Interest Rates and Mortgage Affordability
The past year’s higher interest rates may have made mortgages feel more expensive, but as inflation begins to ease, we should see rates starting to drop in 2025. This will make it easier for buyers to manage monthly repayments, improving affordability and potentially opening up the market to more first-time buyers. - First-Time Buyers in Focus
There’s a good chance that first-time buyers will be a major part of the market in 2025. With schemes like Help to Buy (or its equivalent) still offering support, and lenders providing more flexible options, many will look to step onto the property ladder. Areas outside London, including Shoreham, offer fantastic opportunities for first-time buyers looking to find a home that suits their budget. - Rental Market Tightens
The rental market will likely remain competitive, as there is still more demand for rental properties than there is supply. In key cities and commuter areas, we could see rental prices rise slightly. For tenants, it may mean higher monthly rents, but it could also encourage people to consider shared accommodation to keep costs down. - Eco-Friendly Homes Take Centre Stage
Sustainability will be high on the agenda for 2025. Energy-efficient homes are becoming increasingly popular, with more buyers looking for properties that help them reduce their carbon footprint. From solar panels to better insulation, homes with eco-friendly features will not only help save on energy bills but also be more appealing on the market.
Shoreham and Lancing Property Trends for 2025
- A Stable and Attractive Local Market
Both Shoreham-by-Sea and Lancing continue to be prime locations for those seeking a coastal lifestyle with easy access to Brighton and London. In 2025, the property market in both towns is expected to remain stable, with home prices likely to rise by 2-3%. These areas are especially appealing to families and professionals who want the best of both worlds—peaceful seaside living and convenient transport links. - Demand for Family Homes and Flats
Whether it’s Shoreham or Lancing, there’s strong demand for family homes and flats, particularly as people seek more space and flexibility. The local property market will see a mixture of first-time buyers, families looking for room to grow, and downsizers seeking something more manageable. - Renovation Projects Still Popular
Both Shoreham and Lancing offer opportunities for those who want to invest in homes that need a little TLC. Whether it’s a charming older home in need of updating or a property with plenty of potential for a renovation, expect to see interest in properties that offer value for money and the chance to put your personal touch on them. - Coastal Living Continues to Attract Buyers
As Shoreham and Lancing both offer proximity to the sea, coastal living remains highly desirable. With green spaces, sandy beaches, and access to nature, more buyers will be drawn to the charm and relaxed pace of life these towns provide. Homes with sea views or those just a short walk from the beach will remain in high demand. - Sustainability Is Key for New Builds
In 2025, sustainability will continue to be a key factor in property development. New builds in both Shoreham and Lancing are expected to feature energy-efficient designs, from better insulation to solar panels. This makes eco-conscious living more accessible to buyers and offers long-term savings on energy bills.
Wrapping Up:
Looking ahead to 2025, both Shoreham and Lancing offer exciting property opportunities. Whether you’re buying, selling, or just exploring your options, these towns will continue to be in demand for their coastal charm and accessibility. Ready to explore the property market in Shoreham and Lancing? Get in touch today, and let us guide you every step of the way! Call 01273454878 or 01903944699.