THE UPCOMING BUDGET COULD MARK A REBOUND – HERE’S WHAT WE EXPECT AND WHY IT MATTERS.

Monday October 27, 2025

Contrary to the current negative media tone, we believe the upcoming Budget could mark the start of a renewed period of market activity  particularly across the £250,000 to £400,000 price bracket, which has been stagnant for much of the past year.
If the Chancellor follows through with expected Stamp Duty and first-time buyer reforms, this could be the trigger that finally reignites demand for flats and entry-level homes across the UK.

Stamp Duty Changes Could Unlock the Flat Market

The Treasury is widely believed to be exploring reforms to simplify and rebalance Stamp Duty Land Tax (SDLT) rather than introducing another short-term “holiday.”
Raising the threshold for first-time buyers or adjusting the lower bands could immediately reinvigorate demand for properties between £250k and £400k, the segment that has seen the sharpest slowdown in sales since 2023.

That price range covers a large share of modern flats and starter homes, which have lingered on the market despite strong rental demand.
If affordability improves and first-time buyers return with confidence, the current lull in flat sales could flip quickly into renewed competition and rising prices.

For sellers of smaller homes, acting before the crowd moves could be a smart strategy, positioning to catch the first wave of renewed demand rather than waiting until spring.

A More Active Market Can Mean Rising Prices

Some commentators have warned of slower growth ahead, but history shows that when transaction volumes increase, prices often follow upwards.
If the Budget achieves its goal of improving mobility and encouraging buyers back into the market, 2026 could begin with stronger confidence, quicker sales, and upward price movement — not decline.

Renters’ Reform – We’re Already Preparing

The much-discussed Renters’ Rights Bill, which will replace Section 21 and reshape the private rented sector, is expected to feature in the Budget narrative – but full implementation will likely come later in 2026.
While many agents are still waiting to see what happens, our Lettings and Management teams are already preparing for the changes.
We’re working closely with landlords to update tenancy processes, ensure compliance, and help those who may be struggling to understand the new legal framework.

Any landlords wanting clarity or a full compliance review can speak to our management department now -before the new rules take effect.

Mortgages and Buyer Finance – Confidence Returning

Although the previous Mortgage Guarantee Scheme has ended, lenders are signalling renewed confidence and competition. Fixed rates are stabilising, and a new phase of government-backed buyer support could be announced.
Auckland Estates works closely with a network of trusted mortgage brokers, ensuring our buyers can access the most competitive and suitable lending options available -another key advantage as the market begins to move again.

Outlook = Opportunity Before the Crowd

We expect a Budget focused on stability, fairness, and market mobility, not disruption.
For those considering selling, investing or remortgaging, this is the moment to prepare, not pause.
Those who act early are likely to benefit from increased activity and improving confidence in the months ahead.