So far during 2026, there has been a positive uplift in the housing market, with more houses being listed for sale during the first part of 2026 compared to the same time periods in previous years.
There are many reasons for this, and conveyancing solicitors in North Wales will continue to keep an eye on the overall picture relating to property.
The current availability of more affordable mortgages is one of the reasons why house sales are so strong at the moment. Interest rates appear to be at their lowest for four years, and lenders are more open to working with first-time buyers. According to many sources, including a range of estate agents, there are also more houses listed for sale than the same time last year. A 6% increase in houses available to buy has been reported, and it is anticipated that this will increase as the year progresses.
After the autumn budget in 2025, the housing market has stabilised and house prices have increased by a small amount of less than 1%. Further smaller increases could be anticipated, but as there are plenty of properties for sale, overall prices should not peak too high. These conditions have created a more competitive mortgage market, and many lenders are looking to first-time buyers as a major part of their customer base.
Talk to us now at Bennett Smith Solicitors and request a meeting with one of our expert advisors to have a chat about buying a property.
