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With plans announced to raise the council tax surcharge on higher-value homes, this snapshot looks at how many £2m-plus properties have actually sold across the UK this year. The data shows a highly concentrated market, dominated by London, and reveals just how small this sector is nationally despite the noise around a “mansion tax.”
If you want to move in 2026, positioning yourself as a serious buyer is essential. Here’s how to put yourself ahead of the competition and be taken seriously by sellers.
Recent data shows homes are taking longer to sell than 18 months ago, with only around half achieving a sale. Realistic pricing from day one is crucial to attract interest, maintain momentum, and avoid delays or reductions, ensuring a smoother, more successful sale in today’s market.
The latest 0.25% interest rate cut may look modest on paper, saving the average variable mortgage holder around £31 a month, but its real influence runs deeper. Property markets are powered by confidence, and with mortgage rates easing and lenders competing again, sentiment is shifting. That change in mood is starting to matter.