UK Tax Speculation to Slow Homebuilding Into 2026, Survey Says

Uncertainties around taxation in the run-up to the UK budget is likely to weigh on homebuilding for the next six months, pushing the government further away from achieving its housing target.

Some 43% of developers expect housing starts to decline through the final quarter of 2025 as firms delay decisions until after the Nov. 26 budget, according to a survey of more than 60 homebuilders by Knight Frank.