Property, Wealth & Economy Update

We've highlighted some of the latest legal and market developments that could

affect your property, finances and future planning.

Growing complexity in estate planning

Estate planning is becoming increasingly sophisticated, with more families making use of trusts, blended family arrangements and provisions for digital assets. As personal and financial circumstances evolve, ensuring your estate plan reflects your wishes is more important than ever.

What this means for you: Regular reviews can help ensure your will and estate planning arrangements remain effective and aligned with your current circumstances. A will review should be taken at least every five years if your circumstances haven't changed and as soon as possible after a life event.

Digital Wills Move Closer to Reality

The Law Commission's proposed reforms would modernise wills legislation and pave the way for legally recognised electronic wills in England and Wales. While the proposals represent a significant step towards digital estate planning, traditional paper-based wills remain the only legally valid option for now.

What this means for you: Digital estate planning may be on the horizon, but maintaining an up-to-date traditional will remains essential.

SDLT Remains Unchanged for 2026

Following the Stamp Duty Land Tax (SDLT) changes that took effect in April 2025, no further rate or threshold changes have been announced for 2026. Buyers and investors should therefore continue to plan based on the current SDLT regime.

What this means for you: SDLT remains a significant cost for property purchases, making early financial planning more important than ever.

The Bigger Economic Picture

The UK economy has continued to show modest growth during 2026, while inflation has eased significantly from previous highs. The latest figures show consumer inflation at 2.6%, moving closer to the Bank of England's 2% target. Meanwhile, the Bank of England Interest Rate remains at 3.75% as policymakers seek to balance inflation control with supporting economic activity. (Source: Bank of England - June 2026)

What This Means for You: Although borrowing costs remain higher than many homeowners and buyers became accustomed to in recent years, there are encouraging signs of stabilisation. If inflation continues to moderate, lending conditions may gradually improve over time.

For buyers and movers, careful planning and early professional advice remain crucial. For sellers, realistic pricing and a clear understanding of current market conditions can help achieve the best possible outcome in an evolving marketplace.

The legal, property and financial landscape is constantly changing. By keeping up to date with emerging developments and seeking advice when needed, you can put yourself in the strongest position to protect your wealth and achieve your long-term goals.

Need advice on property, estate planning or wealth protection? Contact our specialist team to discuss your circumstances and future plans.

Information correct as of July 2026