UK Housing Market Recovery Delayed Until 2028 Due to Middle East Conflict

• Britain's housing market is not expected to recover until 2028.
• House prices are forecast to fall by 1.5% next year.
• Higher mortgage rates linked to the Middle East conflict are deterring buyers.
• The property firm Savills predicts average house prices will drift lower during 2026.
• The Middle East conflict is keeping mortgage rates higher for longer.