As we move through 2026, many homeowners, buyers, and investors are asking the same question: what will happen to house prices this year? While no forecast is guaranteed, current data, expert commentary, and wider economic indicators give us a clearer picture of where the UK property market may be heading. At Miles Byron, we closely monitor national trends alongside local performance to help clients make informed decisions.
Overall, predictions for 2026 suggest a more stable housing market compared to recent years. After a period of adjustment driven by inflation, interest rate changes, and affordability challenges, the market is expected to show modest, sustainable growth rather than dramatic swings. This stability is welcomed by buyers and sellers alike, particularly those planning a move rather than speculating on short-term gains.
Are House Prices Expected To Rise?
Many analysts expect house prices to rise gradually throughout 2026, supported by improving affordability and steady demand. While rapid price growth is unlikely, the consensus points towards measured increases rather than declines.
Key factors influencing house prices in 2026 include:
- Easing inflation and improved consumer confidence
- Gradual reductions in mortgage rates
- Ongoing housing supply shortages
- Continued demand from first-time buyers and home movers
For local markets such as Swindon, price performance is expected to remain resilient. At Miles Byron, we are already seeing consistent buyer interest, particularly for well-presented homes priced realistically. While growth may vary by location and property type, the overall outlook is cautiously positive.
2026 Mortgage Rates
Mortgage rates in 2026 are expected to continue stabilising following the volatility seen in previous years. Many lenders have already adjusted their products in anticipation of a more settled economic environment, offering borrowers greater choice and flexibility.
Although rates are unlikely to return to historic lows, they are forecast to sit at more manageable levels. This has helped restore confidence among buyers who delayed purchases due to affordability concerns. As an estate agency working closely with trusted mortgage advisors, Miles Byron regularly helps clients understand how changing rates may affect their buying power.
What Does This Mean For First-Time Buyers?
For first-time buyers, 2026 could present genuine opportunities. With price growth remaining moderate and mortgage rates stabilising, affordability is gradually improving compared to recent years. This is particularly encouraging for those who have been saving while waiting for market conditions to settle.
However, competition remains strong in popular areas, meaning preparation is key. Securing a mortgage agreement in principle and understanding your budget can make all the difference. At Miles Byron, we regularly guide first-time buyers through the process, helping them identify suitable properties and navigate the market with confidence.
Proposed Reform Plans
The UK property market continues to evolve, with several proposed reforms aimed at improving transparency, affordability, and efficiency across the buying and selling process.
Key reform discussions for 2026 include:
- Modernisation of the conveyancing process
- Increased support schemes for first-time buyers
- Greater transparency around property information
- Measures to speed up transaction times
While not all proposals may be implemented immediately, these reforms reflect a broader effort to make moving home simpler and less stressful. Keeping informed about potential changes is essential, and Miles Byron stays up to date with developments that could impact buyers and sellers locally.
Potential Impact
If introduced, these reforms could help reduce delays, increase confidence, and improve the overall experience of buying and selling property. Faster transactions and clearer information would benefit everyone involved, from first-time buyers to experienced sellers.
For local markets like Swindon, this could further strengthen demand and support steady price growth. With the right guidance, buyers and sellers can position themselves to take advantage of improving conditions. This is where working with an experienced local agent such as Miles Byron can make a real difference.
Is Now A Good Time To Get On The Property Ladder?
Whether now is the right time to buy ultimately depends on individual circumstances, but 2026 offers encouraging signs. A more predictable market, combined with improving mortgage options, means buyers can plan with greater confidence than in recent years.
For those able to commit for the medium to long term, getting onto the property ladder now could provide stability and long-term value. Seeking advice from a knowledgeable local estate agent is essential, and Miles Byron is well placed to help buyers understand their options and make informed decisions.
For Properties For Sale in Swindon, Contact Miles Byron Now
If you are considering buying or selling property in Swindon, now is an excellent time to seek expert local advice. Miles Byron offers clear guidance, honest insight, and a personalised approach to help you move forward with confidence. To discuss current opportunities or arrange a valuation, contact Miles Byron today and take the next step towards your property goals.