UK Property: 104 Days as New Transaction Norm
UK property transactions may now average 104 days, with sales progression shifting from admin to emotion management.
UK property transactions may now average 104 days, with sales progression shifting from admin to emotion management.
UK property prices are expected to fall further as mortgage rates rise due to higher borrowing costs linked to the Iran war.
UK rental supply has hit a four-year high squeeze, prompting some landlords to raise rents to cover rising compliance costs and financial pressures.
A GetAgent survey of 1,011 UK homeowners reveals that 24% have abandoned plans to sell in 2026 due to rising market uncertainty.
The Renters' Rights Act is now active in England, requiring landlords to provide tenants with a government information sheet or face fines.
Moneyfacts warns that 'Trumpflation' could raise UK property mortgage bills by £3,000 annually, causing buyers to become more cautious with offers.
The UK property market is no longer a guaranteed one-way bet or a one-size-fits-all solution for investors.
Over 250,000 former rental homes have entered the UK property market, with buy-to-let sales comprising nearly a third of London's stock.
North American buyers are leading a shift in overseas demand for UK property as London regains its status as good value for international investors.
The Renters' Rights Act comes into force on May 1st, bringing major changes to UK property rental regulations for landlords and tenants.