UK property market shows conflicting consumer confidence levels

Recent industry reports indicate diverging trends in the UK property market. According to the OnTheMarket Property Sentiment Index, many active buyers remain committed to moving, with 71% expressing confidence in their ability to afford a new property. Additionally, 73% of prospective sellers expect to complete a sale within six months.

In contrast, a survey by the Council for Licensed Conveyancers (CLC) suggests a significant decline in broader consumer sentiment. The CLC tracker reports that buyer and seller confidence has dropped to between 12% and 15%, approximately half of the levels recorded in January. Conveyancer confidence has also reached its lowest point since the tracker's inception in early 2025.

Industry professionals are looking toward the Chancellor's upcoming Budget for potential relief. Key priorities identified by conveyancers include reforms or reductions to Stamp Duty land tax, improved mortgage affordability, and greater fiscal certainty for the property sector.