The 5 facts hitting the housing market hardest in the last 7 days.
5FF 26 June 2026
Gov announces changes to home buying process but they’re a long way off if they ever even happen and they’re a bad idea that will have the opposite of the intended effect
https://www.gov.uk/government/news/homebuying-shake-up-to-slash-delays-cut-costs-and-stop-sales-falling-through
Good news! Oil prices fall back below pre-war levels, reducing inflation risks, improving market condition prospects, potentially bringing mortgage rates down.
https://www.bloomberg.com/news/articles/2026-06-24/latest-oil-market-news-and-analysis-for-june-25
Andy Burnham seems serious about his “Proportional Property Tax” plans. Although they would likely take at least 4 years to implement, they would have a major distortion impact on the housing market in the interim period. It would hit London and the south east hardest, dragging property values even lower. This is a mixed blessing.
https://www.standard.co.uk/news/london/tax-home-property-mortgage-london-andy-burnham-b1287362.html
A new PM sooner than we expected. Keeping uncertainty short is good, but what if that leads to a General Election?
https://www.politico.eu/article/poll-andy-burnham-prime-minister-leadership-contest/
Employment market the “worst in 30 years” says James Reed, CEO of Reed Recruitment. This is a leading indicator of a further weakening housing market.
https://www.bbc.co.uk/news/articles/c8r2vljglgno
75 new listings and reductions, just 3 sales
https://www.instagram.com/reel/DZFYsBatSeS/?igsh=cTBoNWZidnE0azYy
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