|
HMRC has reported an 8% increase in UK home sales for November 2025 compared to November 2024, with around 100,350 transactions taking place, reflecting a 1% rise from October. So far in the financial year, 732,310 sales were recorded, down from 746,220 in the previous year. Experts suggest this surge in November results from earlier sales completion, although market activity was paused due to uncertainties surrounding the budget. Increased mortgage rate cuts and the resolution of some economic uncertainties are expected to stimulate demand going into 2026. However, factors like affordability and borrowing costs may lead to a gradual rather than dramatic increase in market activity. Overall, signs indicate a stabilising market, with a cautious recovery anticipated in the near future. |
|
Daily Mail (10/01/2026) The Independent (10/01/2026) The Standard (10/01/2026) |