UK Property

Property transactions edge up despite uncertain outlook


Non-seasonally adjusted residential transactions increased by 16% month on month in March 2026.

The non-residential market also recorded a monthly rise. Seasonally adjusted non-residential transactions were 4% higher than in February, although 6% below March 2025. On a non-seasonally adjusted basis, non-residential transactions rose by 38% from February.

“Today’s uptick in transactions suggests the market is remaining resilient, despite ongoing economic uncertainty,” said Nichola Bell, strategic partnership manager at Saffron for Intermediaries. “Demand is there for committed buyers as deals push forward but the real pressure point is delivery.

“Transactions are now taking upwards of 17 weeks, and with close to a quarter still falling through, getting deals over the line remains a significant challenge, even as sellers adjust pricing to attract buyers.

“The interest rate decision later today should bring some much-needed clarity for both buyers and sellers navigating a stop-start market. If stability continues to take hold, we could expect more consistent activity to build through the rest of the year, with professional advice playing a key role in helping borrowers secure the right deal.”



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