Is 2026 a Good Year for Buying Property?

If you’re considering buying property; your first home, moving up the ladder, or expanding your property portfolio, 2026 could be the opportunity you’ve been waiting for.

The Standard has been positive about 2026 for buyers, and Rightmove’s property experts predict that new seller asking prices will rise by 2% by the end of 2026. The UK property market may be reaching a turning point, one that offers genuine advantages for buyers who are prepared to act.

As a trusted mortgage specialist, Exe Mortgage’s are here to cut through the headlines and explain what’s really happening, so you can make informed decisions with confidence.

A buyer’s market means greater choice and negotiating power

The current market is firmly tilted in favour of buyers. With increased property supply and motivated sellers, competition has eased significantly compared to previous years.

This creates a genuine buyer’s market with more properties to choose from, less pressure to rush decisions, and stronger negotiating power. Sellers are often open to price reductions, flexible completion dates, or incentives such as contributing towards stamp duty.

For both home movers and investors, this environment allows you to approach purchases strategically and secure deals on terms that work for you.

Improved mortgage affordability: a shift in buyers’ favour

After several challenging years marked by rising interest rates and tighter affordability, the outlook for borrowers in 2026 is far more positive.

The Bank of England base rate, which underpins mortgage pricing, began to fall in 2025 as inflation eased. This downward trend is widely expected to continue throughout 2026. Some economists, including forecasts referenced by HSBC, suggest rates could fall as low as 3% by the end of the year.

In response, lenders are already reducing mortgage rates and introducing more competitive and flexible products. This isn’t just good news on paper, it translates into lower monthly repayments, improved affordability, and greater choice across fixed-rate and tracker deals.

Many lenders have also relaxed their affordability criteria, making it easier for buyers to secure approval. Whether you’re a first-time buyer or an experienced investor, borrowing conditions in 2026 are shaping up to be the most favourable we’ve seen in years.

Opportunities to secure below-market-value properties

Periods of market adjustment often present the best opportunities and 2026 is no exception. Motivated sellers, changing personal circumstances, and increased competition are creating more chances to find properties priced below market value.

With the right guidance and up-to-date market insight, buyers can identify overlooked opportunities and negotiate favourable terms. Properties that may have been unattainable in a seller-driven market are now within reach, offering strong long-term potential for both homeowners and investors.

Takeaways: how the economy is expected to impact 2026 house prices:

• Interest rates easing – Expected Bank of England rate cuts in 2026 should help mortgage rates continue to fall, improving affordability.
• Inflation stabilising – More stable inflation supports steady house price growth and reduces the sharp swings seen in recent years.
• Homes more affordable in real terms – With house prices forecast to grow below inflation, affordability improves over time.
• Wage growth outpacing prices – Earnings are expected to rise faster than property values, helping buyers close the affordability gap, especially first-time buyers.
• Government policy shaping behaviour – Upcoming changes, including a mansion tax (from 2028) and higher tax on rental income (from 2027), are likely to influence buyer and seller decisions ahead of time.
• Market shifts expected regionally – House price trends in 2026 will vary by location, creating opportunities for well-informed buyers.

Will 2026 be the year you move forward with buying property?

Property decisions don’t have to be overwhelming. With expert mortgage advice from Exe Mortgages, you can clearly understand your options, secure the right funding, and spot opportunities others may miss.

Market conditions in 2026 are opening a rare window for buyers to act decisively and purchase on favourable terms. Whether you’re buying your first home, relocating, or investing, now is the time to explore what’s possible.

If you’re ready to take the next step get in touch for a no-obligation consultation, and let’s turn your property plans into reality this year.