UK property reforms could unlock 260,000 extra instructions

Jackson-Stops, a leading UK property agency, has highlighted that significant homebuying reforms could unlock 260,000 extra instructions in the market. The agency argues that the current market is constrained by transaction delays and a lack of certainty, which discourages homeowners from listing their properties.

The analysis suggests that implementing measures to cut transaction delays would directly address these friction points. By improving the certainty of the buying and selling process, the reforms aim to encourage more homeowners to move, thereby increasing the overall volume of available properties.

This potential increase in instructions represents a substantial shift in market activity driven by policy changes rather than organic demand fluctuations alone. The focus remains on structural improvements to the conveyancing and transaction timeline to restore confidence among sellers.