London’s property market is cleared for take-off

London’s property market is cleared for take-off

By Sophia Wood-Burgess

By

After a cautious end to 2025, London's property market is now taking flight. Buyers and sellers are moving into top gear in Q1, with rate cuts bringing once-hesitant buyers back into action. List with Foxtons by 31 March, and you'll not only capture this big wave of motivation, but also collect 20,000 Avios when we sell your property.1

📊 Market snapshot

The Bank of England cut the base rate to 3.75% in December and held it in February. With inflation expected to fall and more potential cuts on the horizon, lenders are looking more positively at the mortgage market. This means more products to motivate buyers into the market and a wider buyer pool for your property sale.

The 'wait and see' era is over

Late 2025 was a slow market. That’s typical for December, but the Autumn Budget and stubborn inflation gave buyers and sellers even more reason to pause. That is, until the Bank of England cut the base rate. Now, as the ripples from the Autumn Budget settle and mortgage products become more affordable, those hurdles that held buyers back are finally falling away.

Read our monthly insight into the 2026 London Sales Market.

Ready...

And if you needed any more proof that people are getting moving, we have two good news stories to show you. First, Rightmove’s busiest ever Boxing Day.

This yearly surge is called the Boxing Day Bounce, and after Christmas 2025, it reached record levels. According to Rightmove, platform visits nearly doubled (+93%) from Christmas Day to Boxing Day, making it the biggest jump they’ve ever recorded. The number of people sending enquiries to view homes rose by 67% in just five days, and new listings more than doubled (+143%) compared with the days before Christmas.

Steady...

And now, we're in the best time of the year to list a property. Rightmove tallied up the numbers, and found that nearly seven in ten homes that come to market in January, February and March go on to secure a buyer (68.9% in February, 68.8% in January and March). By very slim margins, January is the fastest, February has the highest completed sales and March is the busiest - all good signs to get moving.

Read the full story in our 2026 London Sales Market article.

🏡
~7 of 10

homes listed in February
complete a sale

48

days to find a buyer for homes listed in February

Source: Rightmove Internal Data 2012-2024. Analysis looked at millions of properties listed for sale since 2012, excluding 2020 due to the pandemic.
"The phones really started ringing in January. Everyone who put their plans on hold before the holidays comes back ready to act...and they want to be moved in by Easter. 2026 is the perfect example, we've seen an energetic start to the new year."

James Stevenson
Managing Director - Sales

Is now a good time to list my property?

🎯

Motivated Buyers

If you list now, you're making the most of new year motivation.

📈

Beat the Spring Rush

You're on the 'first flight out' before the spring market kicks in.

💷

Improving Affordability

In London, wage growth outpaces house price growth, enabling more buyers to make their move.

👍

Market sentiment

Good news in the mortgage market has got both lenders and buyers attention.

🏎

The drive to get it done

Foxtons exchange 10% faster than the industry average,2 so we’re ready to help you move quickly.

Avios rewards

A great sale deserves a great send-off...like 20,000 Avios for your next getaway.

And now, you do too.

Foxtons is the only estate agency where you earn Avios while we work. And, as Foxtons is London's number 1 estate agency brand3 for the third year running, you know you are working with the right team to get the deal done.

While we handle the viewings, paperwork and negotiations, you can plan where those Avios will help you go. Five-star room service over the Amalfi Coast? A convertible cruising the Riviera? The best seat at 40,000 feet? Your choice.

Collect 20,000 Avios when you sell with Foxtons.

How to collect your Avios

Property to let? You can get Avios on that too.
Collect up to 30,000 Avios when you let a new property with Foxtons, and up to 20,000 when you add Foxtons Property Management to your existing let.
Learn more here.

You must have both a British Airways Executive Club and My Foxtons account. Simply create or log in to your My Foxtons account, and you'll find instructions to link your British Airways Executive Club account there.

First class service from London's number 1

The London market moves fast. Interest rates are falling, buyer confidence is building. By listing now, you're getting your property in front of motivated buyers. By listing with Foxtons, you are pairing that momentum with London's number 1 team. And by the time your sale is complete, you'll have 20,000 Avios to enjoy. So, let's get started.

The first step on your journey
with Foxtons and Avios

Book a valuation to start your journey with London's number 1 estate agency brand.

Start your journey

Sources:
1Terms and conditions apply.
2 TwentyCI data, average time to exchange on a property under £1m in 2024
3 TwentyCi data, 2025 new instructions at an estate agent brand level




Source: Market insight comes direct from Foxtons Sales department to ensure you have the best information at your fingertips when you're ready to sell. You can learn more about the Avios partnership here.

Any questions about this article? Email us to ask a Foxtons expert

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