posted 12th March 2026
The latest Royal Institution of Chartered Surveyors (RICS) survey shows that confidence in the UK housing market has softened after early signs of improvement at the start of the year. Concerns around inflation, interest rates, and geopolitical tensions – particularly the conflict involving Iran – have contributed to a more cautious mood among buyers and sellers.
According to the February Residential Market Survey, new buyer enquiries weakened further, with the headline net balance slipping to -26%, down from -15% in January. Agreed sales also remained subdued at -12%, while near-term sales expectations dipped to -2%. Despite this short-term slowdown, the longer-term picture remains more encouraging. A net balance of +17% of respondents still expect sales activity to rise over the next 12 months, suggesting that underlying demand remains solid.
House prices nationally were broadly flat in February, with a headline price net balance of -12%, and surveyors have become slightly more cautious about the months ahead, with near-term price expectations falling to -18%. However, the 12-month outlook remains positive overall, with +33% of respondents expecting prices to edge higher, albeit at a more moderate pace than previously anticipated.
Local Property Markets: Ashby and Coalville
While global events influence sentiment, the UK housing market is ultimately driven by people’s real-life needs. Moves prompted by work, family changes, upsizing, or downsizing continue regardless of wider economic uncertainty.
In towns such as Ashby-de-la-Zouch and Coalville, buyers and sellers are still completing transactions where pricing is realistic and expectations are aligned. These local property markets remain active because they are supported by genuine demand, not speculation, showing that well-prepared clients can make confident moves.
How Shepherd & White Helps Buyers and Sellers
In a cautious market, the most important factor is clear, realistic advice rather than market “spin.” Shepherd & White’s bespoke one-to-one service ensures clients receive tailored guidance at every stage – from accurate pricing and timing to local market insight and ongoing communication.
By focusing on individual circumstances and providing personalised support, Shepherd & White help clients navigate short-term volatility, make informed decisions, and keep transactions on track. Even in a more uncertain economic and geopolitical environment, this expert-led approach allows buyers and sellers to move with confidence.
Key Takeaways from the RICS Survey
Short-term confidence has dipped due to inflation, interest rates, and geopolitical tensions.
Long-term demand remains positive, with a net balance of +17% expecting sales to rise over 12 months.
House prices are broadly flat nationally, with some moderation in short-term expectations.
Local expertise matters, especially in markets like Ashby and Coalville, where real demand continues.
Bespoke advice is crucial – Shepherd & White’s one-to-one service supports clients through uncertainty.
For anyone buying or selling in the UK housing market, staying informed, focusing on fundamentals, and using expert guidance can make all the difference in achieving a successful move.
