TMT Sees a Strong February Surge for the Property Market

Following a quieter period in the property market between November and January, TMT Legal Services is reporting a marked increase in new instructions as February gains momentum. This renewed activity aligns with broader trends across the UK property sector, where falling inflation, stabilising mortgage rates, and strengthening buyer confidence are contributing to rising demand. The surge also reflects the continued trust clients and business partners place in TMT, the leading law firm across the southern region for Residential and New Build Homes conveyancing

Analysts attribute much of the stagnation to end‑of‑year uncertainty surrounding tax and policy changes, which dampened activity and caused some buyers and sellers to delay decisions. Nationwide data shows that UK house prices unexpectedly slipped by 0.4% in December, following budget-related uncertainty, reflecting fragile sentiment and reduced transaction volumes during this period.

In contrast, February has opened with a surge of activity that TMT Legal Services has felt directly. This aligns with the wider market rebound reported nationally. UK house prices have already bounced back, rising 0.3% in January, and economists forecast a 2% - 4% rise over the course of 2026, signalling renewed confidence among buyers and sellers.

Rightmove’s market outlook predicts a 2% rise in new seller asking prices by year end, driven by improved affordability and increasing buyer spending power. First‑time buyers, in particular, are benefiting from better wage‑to‑price dynamics and a greater choice of homes.

A major driver behind February’s busy start is the continued fall in inflation. The Bank of England’s decision to cut the base rate from 4% to 3.75% in December followed inflation dropping from 3.6% to 3.2%, a key confidence‑boosting milestone for buyers and lenders alike.

“We expect this stability to continue into 2026, with experts forecasting lower mortgage rates and greater buyer purchasing power, including a potential 14% rise in home sales. February’s surge reflects this trend, with major property portals reporting higher activity and inventory levels above the same period last year, giving buyers more choice and easing competition.”- Claire Terrill, Managing Partner, TMT Legal Services

For TMT Legal Services, the early weeks of February have brought a welcome return to high volumes of activity. After a quiet winter, the market is firmly back in motion, and the combination of easing inflation, stabilising rates, and rising buyer confidence signals a promising year ahead.

Increasingly, clients are choosing law firms that offer a powerful mix of trusted local expertise and modern, technology‑driven processes and TMT Legal Services continues to excel in delivering exactly that. By pairing deep local insight with efficient, forward‑thinking legal practices, TMT ensures buyers and sellers receive both the personalised support they value and the streamlined experience today’s market demands.

Contact our friendly Conveyancing teams based in Hythe, Chandler's Ford, Bitterne and Horsham to see how they can help you.