5 Fact Friday – 29th May 2026

The 5 facts hitting the housing market hardest in the last 7 days.

5FF 29 May 2026

58% of deals falling through
https://www.perplexity.ai/page/uk-house-sale-collapses-cost-e-0nbJ32RkQhaLRh77QHSCMw

London Agents admit asking prices up to 27% too high
https://www.estateagenttoday.co.uk/breaking-news/2026/05/asking-prices-as-much-as-27-above-sale-price-trends-admits-agent/

House builder Barratt Redrow CEO says a whole generation is being left behind from home ownership and FTB conditions are as bad as the GFC. Demands more government help, doesn’t admit that gov help has contributed to affordability issues.
https://www.bbc.co.uk/sounds/play/p0nnk8kn

Former Labour minister and Chair of the Social Mobility foundation Alan Milburn wants of lost generation as youth unemployment spirals. It’s encouraging to hear someone of his stature saying the same as me at last, and making the headlines. Because these young people will never own a home of their own at this rate.
https://www.independent.co.uk/news/uk/politics/alan-milburn-neet-youth-employment-report-b2984389.html

Zoopla reports sharp 10% drop in buyer demand in its May House Price Index. This is a worrying leading indicator of a coming fall in transaction volumes and prices
https://assets.ctfassets.net/2zc2pc2uwamh/G3CB3omzyv64b75dqkcCf/f379599cd7fef44d7d4db9bd20a9f3c7/UK_House_Price_Index_May_2026.pdf

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