What’s next for the UK housing market in 2026? Outlook on interest and mortgage rates, first‑time buyers, rental reform and regional trends from Lloyds Banking Group.
What’s next for the UK housing market in 2026? Outlook on interest and mortgage rates, first‑time buyers, rental reform and regional trends from Lloyds Banking Group.
According to the latest analysis from Halifax, first-time buyers made up over half (54%) of all home purchases made with a mortgage last year, the biggest majority on record.
According to the latest analysis from Bank of Scotland, those buying a first home put down an average deposit of £43,537 last year, up +8% from 2023 (+66% more than a decade ago). First-time buyers typically paid £200,356 for their first home, up 4% on the year before and £72,000 more expensive than ten years ago (+57%).
The number of UK sectors reporting falling output rose to 11 in December 2024, up from eight in November, and the highest number since September 2023, according to data from the latest Lloyds UK Sector Tracker.
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