Budget uncertainty drags down UK house prices

Contributing sentiments towards policy:

50% : A high number of homes for sale is intensifying competition, while rumours of new taxes aimed at higher value properties have encouraged buyers to wait.
50% : In the £500,000 to £2m bracket, sales agreed have fallen 8%, with buyers responding to rumours of stamp duty adjustments and potential capital gains tax changes for properties above £1.5m. The sub-£500,000 segment, which accounts for about 75% of the market, has proven more resilient, with sales agreed down only 4%.
49% : Budget uncertainty drags down UK house prices Pedro Goncalves 17 November 2025 at 7:00 am 0 The UK average new seller asking price dropped by 1.8%, a decrease of £6,589, which brings the national average house price to £364,833 - the steepest November decline in more than a decade amid growing anxiety about potential property tax changes in the upcoming budget.
44% : Falling mortgage rates and rising wages have boosted buyer affordability, but the market also needs further bank rate cut and less uncertainty about taxes.
41% : " The figures indicate that speculation about potential tax increases has led to a slowdown at the top of the market.
39% : "While there is also a general unease at how the budget may impact personal finances, the majority of home moves would be unaffected by the rumoured changes to property taxes.

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