The Landmark Q1 2025 Residential Property Trends Report is now available

Landmark’s Q1 2025 Residential Property Trends Report is now available.

This report, from our parent company Landmark, features the latest data on residential property transactions, including listings, SSTC/SSTM figures, search orders and completions.

Our data for Q1 ‘25 reveals signs of a resilient market and a stable transaction pipeline emerging following the spike in completions ahead of the Stamp Duty Land Tax (SDLT) reversal deadline in England and Wales. 

Completions rose by 30% over the quarter, with a 71% year-on-year surge in March alone as buyers rushed to complete. Beyond this much-anticipated bubble of activity, underlying indicators point to a more resilient property market heading into Q2.

The Scottish property market continued to hold firm, avoiding any notable market distortion following changes to Land & Buildings Transaction Tax (LBTT – the Scottish equivalent of SDLT).  

Other key findings from Q1 ‘25 include:

• Listing volumes in England and Wales were comparable to Q1 ‘24, up by just 1%. In Scotland, listing volumes were up 11% for the quarter compared to Q1 ‘24. 
• In England and Wales, SSTC volumes were down 9% compared to Q1 ‘24. Conversely, SSTM volumes in Scotland were up 9% vs Q1 ‘24. 
• Completions were up 30% in England and Wales (+71% in March alone). In Scotland, completions were up 16% compared to Q1 ‘24.

Download your copy of the Cross Market Activity edition for England, Wales and Scotland, which includes the latest residential property market data and insights for Q1 2025.