Regardless of months of hypothesis and uncertainty, new analysis means that patrons, sellers and renters throughout the nation stay largely undeterred by the insurance policies introduced within the latest Funds assertion.
A brand new survey discovered that greater than half say they’ve already determined to proceed with their deliberate property transaction and in lots of instances speed up it – within the 10 days following the chancellor’s speech.
OnTheMarket has printed a particular post-Funds version of its Property Sentiment Index to evaluate how the long-awaited announcement has influenced UK homemovers and to offer an early indication of the market outlook.
Half of respondents (50%) say the outcomes of the Funds have had no impression on their shifting or funding plans, regardless of earlier issues, whereas 6% report they’re truly accelerating their plans following the bulletins. Among the many remaining 44% of respondents who had been planning a transfer, solely 15% reported both delaying or cancelling their plans, with 20% nonetheless undecided.
Expectations of the Funds’s impression on the broader market are blended. Round a 3rd (34%) count on the general outcomes to have a damaging impact, whereas 16% anticipate optimistic outcomes. Nearly a 3rd (30%) consider the bulletins could have no impact on the property market.
Coverage-specific measures, such because the Council Tax surcharge typically known as a “Mansion Tax,” are largely seen as impartial, with solely a small minority – 2% – reporting that they’re cancelling plans because of this.
Londoners’ views on each the surcharge and the Funds general are broadly in keeping with the remainder of the nation, regardless of some expectations that the capital may be disproportionately affected.
Renters are twice as seemingly as patrons to count on the Funds could have a optimistic impression, whereas older age teams are extra inclined to view it negatively.
This early optimistic sentiment factors to a cautiously optimistic outlook for a possible market rebound within the New 12 months, following the value progress stall reported in November’s Halifax HPI, which mirrored pre-Funds uncertainty.
The findings additionally stand in distinction to predictions made earlier this week that London’s housing market would flatline for the following three years, with Londoners largely sharing the identical outlook as the remainder of the nation.
Jason Tebb, president at OnTheMarket, commented: “Forward of the Autumn Funds, there was widespread concern about potential property tax adjustments, however our newest property sentiment report reveals the impression on client plans has been comparatively modest. Whereas some uncertainty stays, many patrons, sellers, and renters are persevering with with their plans, which is a optimistic signal for market stability as we head into the brand new 12 months.”
Publish-Funds Property Sentiment: 10 Days On
Of these surveyed, 40% of had plans to purchase a brand new dwelling and 23% had been intending a rental transfer previous to the Funds.
Following the announcement on the 26 November 2025, half (50%) of those say their plans stay unchanged, whereas 6% have determined to speed up their shifting plans suggesting that the outcomes of Funds haven’t considerably disrupted confidence and, as a substitute, offered welcomed readability after a number of the most turbulent hypothesis in recent times.
Solely 12% have determined to delay their plans and three% have cancelled them. Nevertheless, 20% of respondents with prior shifting plans are nonetheless uncertain or undecided (the remaining 9% responded as ‘different’).
When requested concerning the general impact of the Autumn Funds on the property market, 30% consider it would have neither a optimistic nor damaging impression. Nevertheless, 34% view it as considerably or very damaging, in comparison with 16% who see it as considerably or very optimistic. This means a cautious outlook, although not as extreme as many had feared.
Regardless of hypothesis round new tax insurance policies, it seems the council tax surcharge (also referred to as the Mansion Tax through which properties over £2m pays an annual tax of £2,500 and people over £5m topic to £7,500 a 12 months from 2028) could have no impression on purchaser and vendor plans (66%), with 2% stating it as the particular purpose for cancelling their plans.
Though forecasts urged Londoners could be hardest hit by the council tax surcharge, their views on this coverage and the Funds general are broadly in keeping with the remainder of the nation, with responses intently reflecting nationwide averages.
Publish-Funds bounce triggers unseasonal December market exercise
