UK property offers decline 6% as buyers become selective
Original Article Summary
The proportion of UK properties securing offers within six months has fallen to 52% in January 2026, down from 58% a year earlier, according to Connells Group data. Two and three-bedroom homes continue to attract strongest demand, while five-bedroom properties saw offers decline sharply from 59% to 41%. The post UK property offers decline 6% as buyers become selective appeared first on PropertyWire.
Investor Analysis
Offer rates across the UK housing market fell 6 percentage points year-on-year to January 2026, with the sharpest declines in upper-market and leasehold properties, while mid-market 2–3 bed homes and northern/Midlands regions show relative resilience.
Investor Relevance
Investors need to reassess exit assumptions and acquisition pricing, particularly for higher-value and leasehold assets where buyer selectivity and mortgage cost sensitivity are compressing transaction velocity and pricing power. Regional divergence signals continued relative outperformance in northern and Midlands markets.
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