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UK Housing Market Weakens Amid Falling Buyer Demand

11/13/2025

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Summary

Story summary

The UK housing market is weakening as buyer demand falls ahead of the Autumn Budget.
The Royal Institution of Chartered Surveyors (RICS) reports October buyer inquiries at -24%, the lowest since April, and -24% for agreed sales.
Experts warn that without clarity on housing taxation, the market may decline further.
Landlords face pressure from the Renters’ Rights Act and anticipated tax changes, prompting pauses in buying and selling.

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Story summary

The UK housing market is weakening as buyer demand falls ahead of the Autumn Budget.
The Royal Institution of Chartered Surveyors (RICS) reports October buyer inquiries at -24%, the lowest since April, and -24% for agreed sales.
Experts warn that without clarity on housing taxation, the market may decline further.
Landlords face pressure from the Renters’ Rights Act and anticipated tax changes, prompting pauses in buying and selling.