Home Buyers Get £18,000 in Average Discount Amid High Home Sales Numbers

Sellers are realistic about home prices and discounts, while potential buyers are motivated by forecasts of lower interest rates over the course of 2024.

Terraced houses in southeast London on Jan. 13, 2023. Daniel Leal/AFP via Getty Images

Home buyers are securing an average of £18,000 off their next home amid a six-year high in home sales in the UK, a price index has revealed.

Zoopla’s latest House Price Index showed a strong buyers market, caused by high mortgage rates affecting demand and more supply boosting negotiating power.