A Market Under Pressure: What the Latest Data Means for Estate Agents, Conveyancers and the People Who Rely on Them
More homes are coming to market than at any point in a decade, fewer buyers are committing, and the average transaction now takes around seven months from listing to completion. In a market like this, the choice of professional advisers matters more than ever, and the cheapest quotation is rarely the one that gets a buyer or seller over the line. Where the Market Stands The residential property market enters the autumn in an unsettled condition. The Bank of England held Bank Rate at 3.75 per cent on 30 July 2026 for the fifth consecutive meeting, but the Monetary Policy Committee was divided six votes to three, with three members voting for an increase to 4 per cent because of concern that higher energy prices will keep inflation elevated. The next decision is due tomorrow. Market pricing now points towards rises rather than cuts, a sharp reversal of the outlook that buyers were planning around at the start of the year. The TwentyCi Property and Homemover Report for the second qua...
