Tips to help you buy your next property successfully in 2026

The property market in 2026 should present a unique mix of opportunities and challenges. After a period of uncertainty, interest rates have stabilised and seem to be slowly dropping from the heights they reached in 2023.

With some thoughtful planning, your property purchase could be smoother and more successful than you might think.

Make sure your finances are in good shape

Even though interest rates seem to be heading in the right direction, it’s still a good idea to double-check your financial situation before diving into a purchase. You don’t want any surprises when it comes to your mortgage repayments, so take the time to ensure you’re financially prepared for the long haul.

To get a real sense of what you can afford, work out what your monthly repayments would be at different interest rates or with varying mortgage terms. While rates might not rise dramatically, it’s wise to plan for unexpected market shifts. Also factor in any stamp duty charges and legal costs you might incur.

Looking at your budget now and ensuring that you’re comfortable with the numbers can help you avoid stretching your finances too thin.

Build your support team early on

You’ll need good advice and reliable professionals to guide you. Getting support from the right people at the right time can make the whole process feel less daunting. Start by finding a proactive conveyancing solicitor. They’ll be crucial to process the paperwork and spot issues with contracts – potentially saving you time, money and hassle down the line.

You’ll also want to work with a knowledgeable mortgage broker who understands the market. They can help you find the best mortgage options, taking into account your circumstances and the current rates.

If you’re unsure about government schemes or tax breaks, they’ll be able to point you in the right direction, ensuring your purchase is as cost-effective as possible.

Don’t forget about energy efficiency

This is becoming an increasingly important factor when buying property. Not only does energy efficiency make keeping your home more comfortable a bit easier, but it also helps you keep long-term costs down.

Check the Energy Performance Certificate (EPC) of any property you’re considering. A good rating could mean lower heating costs and a smaller carbon footprint. Also, check the current heating system and how well it meets the property’s needs.

While you may pay a bit more for a home with higher energy efficiency, the savings on your utility bills will add up over time.

Be patient and flexible

Buying might take longer than you expect, especially if you’re looking in a competitive area. But it’s important to remain patient and keep an open mind. While it’s tempting to hold out for the perfect place, sometimes a slight change in location or property type can open up more affordable options that still meet your needs.

Things might move slowly in some parts of the market, too. Supply chain delays and paperwork issues can cause hiccups along the way. Setting realistic expectations and leaving room for these delays can save you from unnecessary frustration. Stay flexible, and you’ll be able to make a decision you’re happy with, without rushing.