What to Know Before You Move
If you’re thinking about buying a home in 2026, you’re not alone. Despite ongoing economic uncertainty, many buyers are still keen to make a move, whether that’s stepping onto the property ladder for the first time, upsizing, or investing in a buy-to-let.
Here are some key tips to help you prepare for the new year.
Understand the Market Outlook
Experts expect modest house price growth in 2026, with Zoopla forecasting a 2% rise. Demand is expected to increase slightly as interest rates gradually ease, but affordability will remain tight for many buyers. It’s important to keep your expectations realistic and stay informed about local trends.
Mortgage Rates May Ease, But Plan Carefully
While the Bank of England base rate is expected to fall slightly in 2026, rates are unlikely to return to the ultra-low levels seen pre-2022. Fixed-rate mortgages may become more attractive as inflation stabilises. Always compare deals and consider getting advice from a mortgage advisor.
Improve Your Affordability Profile
With lenders remaining cautious, boosting your affordability is more important than ever. This includes:
- Paying off outstanding debts
- Avoiding major credit changes before applying
- Saving for a larger deposit to access better rates
Check Government Schemes and Incentives
Several schemes remain available for first-time buyers and home movers in 2026, such as Shared Ownership and First Homes. It’s also worth checking for local authority or green home incentives.
Consider Energy Efficiency
Properties with higher EPC ratings are becoming more attractive to lenders and buyers alike. Not only can they reduce bills, but some mortgage providers may offer better rates or cashback for greener homes.
Get Pre-Approved Before You View
Securing a mortgage decision in principle will give you a clearer idea of your budget and make you a more attractive buyer to sellers.
Factor in the Hidden Costs
Budget for:
- Stamp Duty (especially if you’re not a first-time buyer)
- Legal fees
- Surveys and valuations
- Moving costs
Conclusion
The 2026 property market offers opportunities for well-prepared buyers. With the right financial planning, expert advice, and an eye on long-term value, you can make a smart move – even in a changing market.
Get in touch with us today to discuss your plans for 2026. We’ll make sure you’re ready to take advantage of the opportunities this market presents. We are here to help you every step of the way.
✉️ info@windsorhillmortgages.co.uk
📞 01225 962456
Your Home may be Repossessed if you do not keep up repayments on your mortgage