The UK housing market stays flat, with Q3 2025 residential property knowledge revealing stalled momentum amid mounting hypothesis over potential tax reforms within the upcoming Autumn Finances.
Landmark Data Group’s newly launched Q3 2025 Residential Property Developments Report reveals that whereas general transaction volumes stay regular, uncertainty is protecting exercise subdued throughout England, Wales, and Scotland. Consumers and sellers are hesitant to commit, awaiting readability on doable modifications to property taxes.
After the anticipated summer time lull, September did not ship a rebound. Itemizing volumes throughout England and Wales fell by 1% in comparison with Q3 2024, whereas properties marked as Bought Topic to Contract (SSTC) had been down 6% over the identical interval. Exercise ranges remained broadly according to different quarters this yr, echoing the warning seen within the post-election market of 2024.
Search order volumes declined by 2% year-on-year, whereas completions edged up simply 1%, reinforcing the image of a market in pause mode somewhat than decline.
Compounding the slowdown are persistent inefficiencies within the transaction course of. In response, Landmark lately launched Undertaking 28: A Constitution for Quicker, Extra Sure Property Transactions — a cross-industry initiative aiming to chop completion instances to twenty-eight days. The Constitution lays out eight key pledges to modernise the system and assist the market rebound with resilience as soon as confidence returns.
Simon Brown, CEO, Landmark Data Group, stated: “Folks need to transfer, however hypothesis round potential modifications to property taxes within the forthcoming Autumn Finances has prompted exercise to stall, with movers more likely to be ready for readability earlier than making their selections.
“This second ought to be seen as a possibility. Housing is a cornerstone of financial development, but the method of shopping for and promoting properties stays too sluggish and unsure. The Authorities’s newly introduced homebuying reform session is an important and long-overdue step in the direction of change.
“Via the Undertaking 28 Constitution, we and our {industry} companions are dedicated to proving what’s doable: delivering quicker, extra sure transactions and reducing transaction instances to simply 28 days. If we modernise the method, we not solely restore confidence to the market, we assist unlock development throughout the broader economic system.”
