Welcome to This Week in Property, your essential update on the latest UK construction and property news. The UK property market continued its steady recovery this week, with several significant developments across residential, commercial, and investment sectors. From major deals to regulatory changes, here’s what shaped the property landscape.

Interest rates and market performance

The Bank of England maintained the base rate at 3.75%, a decision that generated mixed reactions from estate agents and industry professionals. Despite some economists predicting a cut, the property industry responded positively to the stability, with many highlighting that ‘amazing mortgage deals’ remain available as the Bank hints at future rate cuts.

In a significant milestone, UK average house prices have crossed the £300,000 threshold for the first time, according to Halifax data.

Regulatory changes and government initiatives

The property industry faces several regulatory developments. The House of Lords has launched an enquiry into the Commonhold and Leasehold Bill, with MPs set to examine the Government’s leasehold reforms in detail.

Propertymark has established a new independent regulatory board to boost industry standards, marking a significant step in professional regulation.

The government announced a £15bn energy plan targeting homes, while NatWest launched a new £10bn package to support social housing.

Market supply and demand trends

Property listings showed mixed signals across platforms. UK property listings rose 7% as supply outpaces demand, while property listings on Zoopla rose 37% in 2025. Notably, 400,000 Zoopla users became active sellers in 2025.

However, renter appetite has weakened amid the market slowdown, while conveyancers have yet to see a property market rebound.

Technology and industry innovation

The property sector continues to embrace technology, with AI-powered platforms launching to help agents own their leads and rising AI calls driving change in estate agency voice technology.

Regional highlights

Scotland showed positive momentum, with housing markets showing a strong start to 2026 in key Scottish investment areas. Custodian sold a Glasgow city centre office for a 24% premium, indicating strong regional performance.

Looking ahead

Rightmove revealed the best month to get a home sold.

The UK property market appears to be finding its footing, with UK housing recovery underway and first capital appreciation of 2026 providing optimism for the year ahead.

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