UK Housing Market Remains Subdued in England, Wales, and Scotland
The latest in this situation
How it started
What happened
Landmark Information Group reported that the anticipated autumn recovery in the UK housing market did not materialize for the three months ending September 2026. In England and Wales, new listings were 2% lower year-on-year, and sold subject to contract volumes averaged 11% lower year-on-year. Scotland mirrored this trend, with listings and sold subject to missives volumes averaging 8% lower year-on-year.
From propertywire.com
Why it matters
The subdued performance is attributed to borrowing costs and global uncertainty, according to Landmark Information Group. The report also noted that speculation regarding possible property tax changes ahead of the Autumn Budget adds to caution among buyers and sellers.
From propertywire.com
Who's involved
- EnglandRegion showing subdued housing market performance
- WalesRegion showing subdued housing market performance
- ScotlandRegion showing subdued housing market performance
- Bank of EnglandCentral bank of the United Kingdom, potentially pressured by economic weakness
- Rachel ReevesChancellor of the Exchequer, linked to Autumn Budget speculation
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- EnglandSpeculative
The regional property sector in England might see reduced sales and demand.
How it developed
Newest first. Tap a step to see who reported it.- Warrington is identified as an affordable housing desert, and LHA benchmarks are not being met across Scotland, England, and Wales.Sub-event
Landmark Group data shows subdued housing market performance across regions.1 source
Keep exploring
The entities involved
-
England
country in north-west Europe, part of the United Kingdom
-
Wales
country in north-west Europe, part of the United Kingdom
-
Scotland
country in north-west Europe, part of the United Kingdom