Nationwide and Halifax issue their official forecasts for house prices next year

Rolling coverage of the latest economic and financial news

UK Finance said it expects around 1.20 million house sales in 2026 and 2027, down from 1.21 million this year

For years, Britain’s young professionals have faced a dilemma: the best job opportunities are in a city that has some of the world’s most exorbitant house prices.

People have put their house move plans on hold thanks to the Budget

Lower asking prices and falling mortgage rates could help create a bigger than usual Boxing Day bounce in property searches, Rightmove said.

The number of UK properties owned by overseas investors has fallen dramatically since 2015.

Britain’s housing market slowed after finance minister Rachel Reeves’ budget last month, according to a survey of chartered surveyors that showed buyer enquiries falling at the fastest rate in over two years.

Prospective buyers also face pressures from weaker real wage gains and a deteriorating jobs picture Read more at The Business Times.

Rents are expected to increase by 2.5% over the next year, according to the Royal Institution of Chartered Surveyors.

Data from the Royal Institution of Chartered Surveyors suggests the Autumn Budget hasn’t helped to improve property market sentiment

Such units are seen as key to boosting housing supply to the Government’s target rate of 50,000 a year

The company, which specialises in building homes in London, said the long-term outlook is ‘more positive’ particularly in the UK capital.

Property firm Hamptons, which made the forecast, said London ‘is being held back by higher stamp duty and broader tax anxieties’

Locations in Scotland had the fastest average times to sell properties, the website said.

UK homes worth more than £2 million ($2.7 million) could drop about 5% in value next year as the market adjusts to a so-called mansion tax, according to forecasts from Hamptons.

Effects of tax anxiety and stamp duty pinpointed by Hamptons estate agency, which said 14 per cent of London sellers had sold at a loss in 2025

Property firm Hamptons, which made the forecast, said London ‘is being held back by higher stamp duty and broader tax anxieties.’

Exclusive analysis shows that in the past 15 years, homeowners in certain parts of the country have reaped much bigger rewards than others.

UK house prices stalled ahead of the budget, according to data from one of the biggest mortgage lenders that suggested fears of tax rises had a dampening effect on the property market.

Data from mortgage giant the Halifax revealed that average property prices stalled in November, but while prices are falling in some area, they are still surging elsewhere

Skipton is a Yorkshire Dales gem that combines community, countryside, and communication

The typical property value edged up by £138, although this still took it to a new record high, Halifax said.

Britain’s housing market slowed in November in both annual and monthly terms in the run-up to the government’s budget, figures from mortgage lender Halifax showed on Friday.

Emily Powell’s five-bedroom property in Brixham, Devon, is adorned with floor-to-ceiling pieces which cover every fitting, including light switches, floorboards, bath tiles and even the fridge.

Nearly one in four of the properties caught by the ‘mansion tax’ are in just three London boroughs, Kensington and Chelsea, Westminster and Camden

The increase in taxes on income from properties may dampen the supply of new rental properties coming onto the market, the society said

UK house prices rose for a third consecutive month, according to one of the country’s largest mortgage lenders, in a sign that the market defied the looming threat of tax hikes ahead of the Labour government’s Nov. 26 budget.

The average price of a house in the UK was £272,998 in November, as annual house price growth slowed to just 1.8%, Nationwide said.

British house prices rose slightly faster than expected in November, defying concerns about the impact of finance minister Rachel Reeves’ budget, and higher wages were improving affordability, mortgage lender Nationwide said on Tuesday.

The average cost of a home in the UK rose to £272,998, with house price growth slowing slightly in November, on an annual basis.

‘Mansion tax’ announced by Rachel Reeves will have limited impact on property market, building society says

The increase in taxes on income from properties may dampen the supply of new rental properties coming onto the market, the society said.

UK house prices ticked higher in November, even as annual growth cooled slightly. Nationwide’s latest index shows the average home now costs £272,998, with…

Hannah Bird, 26, and her husband Charlie, 26, a professional golfer, have been building their own house on a 0.25-acre plot of land in Burnham-on-Sea, Somerset, since April 2024

Residential transactions increased by 2% in October to 98,450, according to new HMRC data.

Zoopla said home buyers and sellers will ‘welcome the end of the uncertainty that has stalled housing market activity.’

Demand for new homes could gradually recover next year, giving British homebuilders a much-needed boost, analysts and some investors said after finance minister Rachel Reeves’ budget cleared uncertainty that held buyers back.

The estate agency Savills expects house price growth to be weak for the next two years before shooting up in 2029.

The Chancellor confirmed rumoured tax rises on high value properties that are set to impact hundreds of thousands of Londoners

The government has confirmed plans to impose a “mansion tax” by doubling the council tax on homes worth more than £2 million across the country.

Rachel Reeves’s new council tax surcharge on homes worth £2m or more earns mixed reception in well-heeled London borough

Britain announced a new annual tax on homes worth more than 2 million pounds ($2.63 million), expected to raise 0.4 billion in 2029-30, according to estimates from the country’s budget watchdog published on Wednesday ahead of the finance minister’s budget statement.

Homes in Westminster, Kensington and Chelsea, Camden, Barnet, Richmond, Wandsworth and Hammersmith and Fulham are in the Chancellor’s firing line

There are currently around 9,500 households on the housing waiting list in Wandsworth

Damp and condensation can be a real problem in the winter months – but there are some simple ways to prevent it, according to experts.

Chancellor Rachel Reeves warned of a ‘serious backlash’ if a new levy creates ‘bizarre unfairness’ between homes with the same value

Rent has soared across the UK with a typical private home now costing £1,360 a month – an increase of 5 per cent compared with last year’s average when it was £1,295

Sellers tempt buyers with cuts as threat of property tax reform looms

Average rent in London hit £2,265 in October, says ONS.