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One of the biggest talking points this week has been the 11% week-on-week drop in sales agreed and a drop of 2% on the average asking price of a newly listed properties. While some seasonal softening is entirely normal during the summer holiday period, the scale of this fall has caught the attention of the property industry.
The UK property market is entering a new phase—one defined not by sharp shocks, but by gradual, meaningful shifts in behaviour. The latest data surrounding landlord activity offers a clear indication of this transition, revealing a market that is recalibrating in response to both economic pressures and legislative change.
With the abolition of Section 21 under the Renters’ Rights Act 2025, landlords, tenants, and property professionals alike are facing a major shift in how possession of rental properties is handled. Those who have relied on previously served Section 21 notices must act immediately—or risk losing their ability to use them altogether.
Birmingham’s property market could be facing an interesting period of change, with new research highlighting the enormous potential for additional housing to be built around railway stations and transport hubs.