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Weekly Area Market Digest

A free weekly summary of your local property market. Mortgage rate changes, rental trends, and policy updates — delivered every Monday.

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Week of 17 – 21 February 2026

Viven Weekly Market Digest

London & South East

Mortgage Rate Snapshot

Nationwide

2-yr fixed (75% LTV)

3.79%

-10bps this week

HSBC

5-yr fixed (60% LTV)

3.69%

-6bps this week

Barclays

2-yr fixed (90% LTV)

4.29%

-15bps this week

NatWest

5-yr fixed (75% LTV)

3.89%

-8bps this week

Santander

2-yr fixed (60% LTV)

3.59%

-12bps this week

Halifax

2-yr fixed (95% LTV)

4.99%

Unchanged

BoE base rate: 4.50% — Next MPC decision: 20 March 2026. Consensus forecast: Hold at 4.50%.

Policy & Regulatory Updates

Stamp duty thresholds revert 1 April 2026

Nil-rate band returns to £125k (from £250k). First-time buyer threshold drops to £300k (from £425k). Estimated to add £2,500-£5,000 to costs for most buyers.

Mortgage guarantee scheme extended

95% LTV scheme confirmed to run until December 2027. Key for first-time buyers with 5% deposits.

Planning reform: fast-track for brownfield sites

Government announces streamlined planning permissions for previously developed land in London boroughs. Could boost supply by 15,000 homes/year.

Rental Market Update

AreaAvg. Monthly RentAnnual Change
Wales£826/mo+5.8%
Scotland£1,021/mo+2.5%
North East£767/mo+8.0%
North West£941/mo+6.0%
Yorkshire and The Humber£843/mo+4.2%
East Midlands£906/mo+5.2%
West Midlands£962/mo+5.5%
East of England£1,268/mo+4.9%
London£2,253/mo+1.1%
South East£1,405/mo+3.6%
South West£1,224/mo+4.9%

Source: ONS Index of Private Housing Rental Prices (PIPR), January 2026.

This is a sample digest for London & South East. Your personalised digest will cover your chosen area.

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Market data sourced from ONS House Price Index, ONS Private Rental Index, and Bank of England interest rate decisions. The digest is compiled automatically and does not constitute financial advice.