What the November Budget Means for Your 2026 Move
The recent Budget has introduced several tax changes that will shape household finances over the next few years. While the property market remains stable, these adjustments will influence affordability, confidence and the way many people plan their next move.
Key Changes at a Glance
Income tax thresholds will remain frozen until 2030–31, which means that more households may gradually move into higher tax brackets as earnings rise.
There will also be new limits on certain salary-sacrifice pension contributions, slightly reducing one of the more efficient ways many people save.
In addition, a new annual levy on homes valued above £2 million is scheduled to begin in April 2028, and this may affect buyer behaviour at the upper end of the market well before that date.
Although none of these changes are dramatic, together they create a financial backdrop that many families in Richmond, St Margarets and East Twickenham will want to consider as they plan ahead.
How This May Shape Local Moves
In higher-value brackets, the upcoming levy may encourage some buyers to pause and reconsider long-term costs. Sellers in this range may benefit from preparing early and pricing with accuracy, particularly as buyers become more cautious.
Across the broader market, slightly tighter household budgets usually make buyers more selective. Homes that are sensibly priced and well presented tend to attract strong early interest, while buyers often welcome having a little more time and space to make decisions.
The overall picture remains steady. This is a calmer environment rather than a concerning one, although it is a moment when informed planning becomes especially helpful.
If You Are Thinking of Moving in 2026
A clear understanding of how these Budget changes may apply to your own circumstances is the most valuable starting point. Every price bracket, property type and street in our area responds differently. A short conversation can provide a much clearer view of the best timing and strategy for your move.
If you would like tailored guidance or an updated view on your home’s value and current levels of local demand, we would be very happy to assist.
Stay a Step Ahead
For buyers, our Heads Up Alerts provide early access to new and soon-to-launch properties before they reach the wider portals. Early information can make a meaningful difference in a more measured market.
Wishing everyone a pleasant festive and a healthy and prosperous New Year.
All the best
David
Cantell and Co
david@cantellandco.com