The property market today: Auctions as a measure of demand

Market overview

As we move into the final quarter of 2025, the property market is still feeling the effects of a challenging few years.

Mortgage rates have eased from their peak, but affordability remains tight compared with a few years ago. For many buyers, borrowing costs are still much higher than they’ve been used to. And for investors, the pressure is just as real — from tougher rental stress tests and refinancing costs to rising outgoings and taxes.

Add in a layer of political and policy uncertainty, and it’s no wonder some people are holding back. With the Autumn Budget and the long-awaited Renters (Reform) Bill both expected soon, landlords, investors and home movers alike are waiting to see what changes might be around the corner.

Auctions as a real-time barometer

One of the biggest challenges when talking about the property market is timing. Most data lags behind — by the time figures are released, the reality on the ground may already have shifted.

That’s where auctions stand apart. They offer a live snapshot of market activity. This month alone, we’re offering 444 lots across the UK, from small £10,000 investments to multi-million-pound assets.

Because every sale is unconditional and contracts are exchanged immediately, auctions show the market at its most transparent — real buyers making real decisions in real time.

Right now, that snapshot shows a market that’s active but price-sensitive. Well-located properties with realistic guides are drawing competitive bidding, while those priced too high are seeing more limited interest. For sellers and agents, that instant feedback is invaluable.

 What the market’s telling us

Buyers still have strong appetite for good-quality, well-priced stock.
Sellers are increasingly drawn to the certainty and finality of auction day.
The 28-day completion period continues to be a major appeal, providing speed and clarity for everyone involved.
 

How agents are shifting their approach

We’re seeing more agents than ever leading with auction as their first sales option, not just a fallback.

Some who previously used “modern method” platforms are now turning to traditional auction sales instead. The reason is simple — they want speed, transparency and security. In today’s market, those qualities really matter.

Why sellers are leaning towards auction

Certain circumstances are making auctions particularly attractive right now:

• Empty probate properties: families opting to sell quickly and securely instead of having the vulnerability of a property standing empty over winter.
• Private landlords: already under pressure from successive tax and regulatory changes, many are now looking closely at the implications of the Renters’ Reform Bill and potential further measures in the Budget. For some, auction offers a fast and secure way to restructure or exit portfolios.
• Commercial assets: owners seeking to dispose of surplus or underperforming premises are drawn to the speed and transparency auctions offer, with a strong buyer audience well-aligned to commercial opportunities.

Looking Ahead

The next few months are likely to bring new policy announcements and further economic shifts, all of which will influence confidence and behaviour.

Through it all, auctions will continue to offer something the wider market often can’t — certainty.

In a time when private treaty sales can take longer and carry more risk, the speed, transparency and reliability of auction sales provide real confidence — for buyers, sellers and agents alike.