Darren Murphy's market update

Posted on Monday, January 26, 2026

When you look at the UK residential property market as we move through early 2026, the picture is one of cautious optimism shaped by economic stabilisation and some of the most significant housing legislation we’ve seen in years. From our perspective as estate agents working directly with buyers and sellers every day, the market feels more predictable than it has at any point since the pandemic - and that’s giving people the confidence to move again.

Economically, inflation has continued to ease, and while interest rates remain higher than the ultra?low levels of the 2010s, lenders have begun to price in expectations of gradual reductions later in the year. Mortgage products have become more competitive compared with 2024–25, and that’s feeding through into increased buyer enquiries. Many households spent the past two years “waiting and watching,” and now they’re re?entering the market with clearer expectations and better?defined budgets.

Legislation is playing a major role in shaping sentiment, particularly for landlords and investors. The Renters Rights Act comes into force in May 2026. The abolition of Section?21, the introduction of stronger tenant protections, and the shift toward more structured, accountable tenancy management are already influencing investor behaviour. Some landlords have exited the market, but others are adapting, focusing on high?quality, energy?efficient homes that attract long?term tenants. For buyers considering investment properties, understanding these new rules is essential, but the upside is a more stable, transparent rental sector.

Energy efficiency remains a major driver of value. With the government reaffirming its commitment to improving the UK’s housing stock, buyers are paying close attention to EPC ratings, insulation, and heating systems. Homes that have been upgraded - are achieving noticeably stronger offers.

In terms of market behaviour, we’re seeing a healthier balance between supply and demand. Sellers are pricing more realistically, and buyers are taking the time to compare options, but well?presented homes in desirable areas are still attracting strong early interest. Here in Uxbridge and West London we enjoy reliable transport links and the market continues to perform particularly well and the area is especially popular with families seeking space without losing access to London.

For anyone thinking of moving home, the key is preparation. Whether you’re buying or selling or letting or renting, understanding the economic and legislative landscape puts you in a stronger position. And that’s exactly where the team at Christopher Nevill can guide you - helping you navigate the market with clarity and confidence.

Darren Murphy

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