In the months leading up to the Autumn Budget, there was no shortage of headlines, predictions and speculation about what it might mean for the property market. Unsurprisingly, this left many buyers and sellers feeling unsure about whether to press ahead or pause their plans.
Now that the dust has settled, things are starting to feel a little clearer.
Recently, property portal OnTheMarket shared the results of a survey looking at how movers across the UK have reacted since the Budget was announced, and the findings are more positive than many expected.
Most movers are still moving
According to the survey, over half of people with plans to move have decided to carry on as normal, even after months of uncertainty. In fact, a small number have actually chosen to speed things up, feeling more confident now that the long-awaited announcements are behind us.
Around 50 percent said the Budget had no impact at all on their moving plans. Only a relatively small group reported delaying or cancelling, while some are still taking time to decide, which is entirely understandable after such a noisy lead-up.
What this tells us is that, for many people, having clarity, even if it is not perfect, is better than months of “what ifs”.
A cautious mood, but not a negative one
When asked about the overall impact of the Budget on the property market, opinions were mixed. Some people remain cautious, while others feel neutral, and a smaller group see it as a positive step.
What is important is that the mood is not one of panic. The outlook is far steadier than many feared earlier in the year, and confidence appears to be holding, especially now that people know where they stand.
What about the Mansion Tax?
There has been plenty of discussion around the new Council Tax surcharge, often referred to as the Mansion Tax, which will affect homes valued at over £2 million from 2028. You can read our blog about this here.
Interestingly, the OnTheMarket survey suggests this change is largely seen as neutral by buyers and sellers. The vast majority said it would not affect their plans.
Even in London and the South East, where higher-value homes are more common, views were broadly in line with the rest of the country.
What we are noticing locally
From our own conversations and day-to-day experience, this sense of steady confidence feels familiar. Many people are still making thoughtful, well-timed decisions rather than rushing or pulling out altogether.
Buyers are asking good questions. Sellers are being realistic. And while people are understandably mindful of the wider picture, they are not putting their lives on hold.
While no one expected a perfect market after months of uncertainty, having a clearer idea of what lies ahead helps people plan, and planning is what keeps the property market moving.
We will continue to keep a close eye on developments, share clear and honest updates, and support our clients with practical advice as things evolve.
If you are thinking about making a move and want to talk things through in a calm, no-pressure way, we are always here.
