If first-time buyers get a deposit together it\u2019s likely their mortgages could end up being cheaper than paying rent next year, Rightmove has predicted.<\/p>\n
This process could be exacerbated by the 2% increase in property taxes for landlords, though that only comes into force in April 2027.<\/p>\n
The high number of available homes for sale will mean it continues to be buyer\u2019s market in 2026, giving first-time buyers more negotiating power.<\/p>\n
Wages are also set to increase faster than house price growth, which should improve buyer affordability.<\/p>\n
Colleen Babcock, Rightmove\u2019s property expert, said:\u00a0\u201c2026 will be a mix of some key property market themes continuing, and other new trends emerging.<\/p>\n
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\u201cWe expect many of those who put their moving plans on hold over the last few months will pick them back up again from Boxing Day and into the new year, now the Budget is out the way.<\/p>\n
\u201cWe predict the market will look and feel very different depending on which area of Great Britain you\u2019re in, and the type of property you\u2019re looking to sell or buy, with big differences particularly between the south of England and the rest of Great Britain.<\/p>\n
\u201cThe market conditions next year will favour typical first-time buyers over those at the top-end of the market.\u201d<\/p>\n
Prices are predicted to rise nationally by 2% after an unexpected fall of 0.6% in 2025, but regional variations are expected.<\/p>\n
Lower priced Scotland, Wales and north of England to be more resilient on price next year, while London and the south of England expected to lag behind.<\/p>\n","protected":false},"excerpt":{"rendered":"
If first-time buyers get a deposit together it\u2019s likely their mortgages could end up being cheaper than paying rent next year, Rightmove has predicted. This process could be exacerbated by the 2% increase in property taxes for landlords, though that only comes into force in April 2027. The high number of available homes for sale […]<\/p>\n","protected":false},"author":1,"featured_media":6579,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-6578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-second-home"],"yoast_head":"\n