Times of India · DistrictNews · 2026-08-20
Half of UK homes take longer to sell as buyers adopt ‘wait & see’ approach: Here’s why
A significant shift is occurring in the UK housing market, as half of British homes are now taking longer to sell compared to the previous year. Factors such as mortgage market turbulence and uncertainties regarding borrowing costs are causing potential buyers to hesitate. While Scotland presents the quickest sales, other regions are facing frustrating delays, pressured by inflation worries and potential interest rate increases. Half of homes across Great Britain are taking longer to sell than a year ago as mortgage-market volatility and uncertainty over borrowing costs prompt buyers to adopt a “wait and see” approach, according to property platform
Read original on Times of India Get the app
Licensed summary · LicensedSummary
Related briefs
- Prakash Raj says ‘end of fascists is closing,’ hails youth activism
- Sajjan Kumar, former Congress MP convicted in anti-Sikh riots case, passes away
- Wedding ‘called off’, luxury resort ordered to refund Rs 8.5 lakh to bride’s father
- Karnataka seeks Lok Sabha seat freeze: ‘Our success mustn’t shrink our voice’
- UP govt responds to student protests with social media plan, 14-point checklist