Housing market poised for recovery

The housing market is anticipated to rebound strongly in 2026 as buyers take advantage of falling mortgage rates. Experts predict a recovery driven by first-time buyers, although the upper end of the market could face challenges. A recent base rate cut to 3.75% may boost market sentiment, with UK Finance predicting around 1.20m house sales in 2026 and 2027. Regional disparities will persist, with northern regions forecasted to see outperforming growth compared to the south. House prices are expected to rise modestly, influenced by factors such as wage growth and inflation. Quality in newly built homes remains a priority amid rising demand, emphasising the need for standards and customer care in the industry.

Daily Mail   London Evening Standard   The I