Making home renovations won’t always increase the value of your home, according to Rightmove.

The research suggests that home improvements that don’t necessarily attract buyers. Sellers may be tempted to build an extension to make the property bigger, but this could be at the expense of garden or garage space.

If you are a prospective first-time buyer (FTB), you may have considered low or no-deposit mortgages to help you get on the property ladder. However, these are complex loans, so it is important to be fully informed before making a decision.

The government has also recently announced a new FTB initiative, called Your First Home, which is expected to support eligible buyers with smaller deposits through a government-backed equity loan. As with any homebuying scheme, it is important to understand the eligibility criteria, costs and long-term implications before proceeding.

Thinking of putting your house on the market? Getting the asking price right is essential to attracting a buyer. Here are some things to consider.

It was a slow summer for the housing market, as affordability pressures took their toll on buyer confidence. The number of sales agreed fell annually by 9% in July, according to Zoopla.

Research suggests that many buyers’ priorities have shifted, as they no longer look for properties requiring major renovation.

A survey found that 53% of buyers would not take on a property that needed major work. Meanwhile, only 6% said they would actively look for a property that needs renovation. Some (41%) buyers were willing to consider taking on a project, provided that the asking price was reflective of the work that was required.

Flats are the best value they have been in 30 years, according to Zoopla.

The typical flat is currently 40% cheaper than a house, marking the widest price gap since records began. Since 2017, the price of a flat has risen by just over 10%, while the average house price has gone up by 43% over the same period.

Recent data shows that there are more over 50s taking their first step on the property ladder. 

According to analysis of Financial Conduct Authority (FCA) data, first-time buyers aged 51 or over increased significantly between 2020 and 2024, rising by 43% over this period. Those buying their first home at the age of 41 or over increased by 10.5% since 2020.

In June, the government launched a consultation on the implementation of a new Individual Savings Account (ISA) product to support first-time buyers (FTBs).

The FTB ISA is due to be introduced in April 2028 and, once available, is intended to replace the Lifetime ISA (LISA). A key difference between the two products is that the new FTB ISA will have no upper age limit. Currently, you have to be under 40 to open a LISA, but the FTB ISA will be available to any new homeowner over the age of 18.

A series of reforms have been announced which will improve the homebuying process in England and Wales, including putting a stop to ‘gazumping’.

In June, Starmer’s Labour Government unveiled plans to simplify and speed up housing sales. One key element is an end to gazumping - when buyers are outbid on a property after an offer has been accepted.

Buying a home is an exciting prospect, but it can also come with stresses. From property hunting through to moving day, there is a lot to consider during the process.

The impact on wellbeing

According to research from Barratt Homes, 60% of UK homeowners said that the homebuying process took a toll on their mental wellbeing. An additional 35% experienced disrupted sleep, while 29% reported that their sense of financial security was impacted.

Analysis from Moneyfacts shows how borrowers’ priorities have shifted due to the economic impact of the Middle East conflict.

Mortgage rates have been fluctuating since March and the short-term economic outlook is still unpredictable. As such, borrowers are increasingly looking for more flexible mortgage deals in the hope that rates will come down soon.

Research from Yopa indicates that the majority of buyers are looking for homes that require little to no work.

According to the survey, 54% of people who bought a home in the last year were only prepared to make minor cosmetic changes to their new home. Meanwhile, 23% were looking for a fully modernised ‘turnkey’ property that was ready to live in.

New analysis from Stonebridge suggests remortgage activity surged during the opening months of 2026 as borrowers reached the end of ultra-low fixed rate mortgage products arranged during the pandemic.

Sharp rise in applications

Stonebridge data shows that remortgage applications increased by 45.8% during Q1 2026. The rise comes as many homeowners are reaching the end of fixed rate products arranged when borrowing costs were significantly lower.

Calls for Stamp Duty reform are continuing to grow as first-time buyers face rising purchase costs.

Research suggests first-time buyers have paid an extra £307m in Stamp Duty since the tax-free threshold changed in April 2025. On average, buyers have reportedly paid £4,618 more to complete a purchase over the past year.

Many prospective buyers feel ready to move in 2026, but affordability concerns and uncertainty are still causing hesitation.

Confidence versus action

Research shows that 52% of prospective buyers believe they are ready to purchase a property this year. However, there remains a significant gap between confidence and actually making a move.

High property prices and the challenge of saving for a deposit continue to be major barriers for many households. Rising living costs and uncertainty around mortgage affordability have also made it harder for some buyers to feel financially prepared.

For first-time buyers in particular, balancing rental costs with saving for a deposit continues to be a significant challenge, despite improving confidence across parts of the housing market.

For many people, buying a home is one of the biggest financial commitments that they will make. But house hunting is not just about getting the price right; you also need to be confident that the property and location is right for you and your lifestyle. Here are some factors to consider when making your move.

House prices picked up in March, with annual growth rising to 2.2% according to Nationwide. This is an improvement on February, when prices rose annually by 1.0%. The average house now costs £277,186.

Mortgage rates are in a state of flux in response to the Middle East conflict, which is a constantly evolving situation.

Mortgage rates were on the rise at the start of April, with over 30 lenders increasing their rates and withdrawing some products from the market. However, by the end of the month, lenders had started to make cuts again.

Many hopeful homeowners could be closer to getting on the property than they realise, but they are underinformed about their mortgage options. 

A survey by the Building Societies Association (BSA) has found that nearly half (47%) of people who want to buy a home have never spoken to a lender or mortgage broker. This means that many prospective first-time buyers (FTBs) don’t fully understand what’s available, so could be missing out on an opportunity to become a homeowner.

Recent research has found that half of UK homes increased in value last year.

According to Zoopla, 15.2 million properties gained value by an average of £9,900 in 2025. Within this group, 3.1 million homes saw particularly strong growth, rising by more than £20,000. In contrast, 9.1 million households saw a decrease in value by an average of £10,800.

The mortgage market is facing uncertainty due to ongoing developments in the Middle East.

Affordability challenges had been easing slightly in recent months - mortgage rates were slowly coming down due to cuts to Bank Rate. In January 2026, the average monthly mortgage payment was 7% lower than the previous year.