Is this the start of a sharp slowdown in the UK housing market?
Concerns over possible tax rises in the Budget on 26th November, higher mortgage rates and the weak jobs market have left the housing market paralysed. We doubt this is the start of a sharp slowdown and instead we expect the housing market to muddle through over the coming months. But tax rises in the Budget could mean that the rebound in house prices in 2026 is softer than we currently expect.
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