Contributions by Gabriele Schiavone, SGS Partners, London and Abu Dhabi; and Domenic Pini, Pini Franco LLP, London.
After a period of geopolitical uncertainty, Brexit, rising interest rates, and low transaction volumes, the UK residential property market has entered a more balanced phase in 2025, according to the Nationwide House Price Review and Outlook for 2025, especially in the residential sector, with price growth essentially stable in London and modest increases in other regions.
Supply remains more limited than historical averages, but greater price sensitivity and a focus on intrinsic value are now distinctive features of buyer behavior: a renewed focus on net returns and management costs requires careful analysis of legal and tax variables.
