Are people actually waiting for budget announcements before putting up their property?

[Kentgirly]

We are currently looking to buy but noticed there hasn’t been much coming on the market in the last few weeks.. There’s literally been 4 in the area we are looking at. It got me thinking perhaps people are waiting for the budget announcement? Is that possible? It’s just dead really… Also don’t think whatever will be announced will be better than what we have today in terms of stamp duty surely?
please let know thoughts? Getting fed up

100% this - no Government should be allowed to meddle with pensions in the way Labour have. People need to save for their old age and the slightest disincentive to do so will just increase the state burden. Labour are running scared from overhauling the benefits system which is so desperately needed so they go after the soft option and penalise those who have already acted responsibly. Now they are setting about crashing the property market....

Yes we need to list our house (>500k) and move closer to work but waiting to see what’s in the budget. Similar houses for sale in our area haven’t sold so seems silly to list now for it to likely sit unsold on Rightmove for two months. Budget is end Nov so I question if families are going to spend their Saturdays in December viewing properties. So feels like now it will probably Jan that we list, when the garden looks rubbish with no leaves on the trees.

I like where we currently live, and our house is fantastic, but too big for two elderly people. However, because we have been in this house for almost 30 years, we know it well. We pay a gardener to control the landscape, and a cleaner to do the things I don't want to do. I hate hoovering, so the cleaner does that, but I clean the windows, and iron the clothes. The stove is never filthy, and I don't ask for any washing up. And, politically, while I have zero knowledge of my cleaners relationship with HMRC, I pay her in cash. Two hours, £30.

I do one day a week in estate agency, its dead...only have 4 places on books and viewings are slow, reductions also happening....we sold our house last dec for 840k, now we would be lucky to get 750k.

Take some photos of your garden now before it gets too bare to use in the listing.

Not surprised to read that (some) estate agents are 'dead'. I expect a lot will go out of business. Unfortunately, a lot of them are their own worst enemy as they have been persistently choosing asking prices that are far too high and then seem surprised by their poor sales figures.
In answer to @Kentgirly's question, I'm sure lots of people have been made anxious by all the media reports about tax changes relating to housing. Markets don't like uncertainty. I expect there will be more houses coming on in the New Year, as there were last year and every year. This is always a quieter time of year anyway, made worse by all the rumours.

We are waiting for the budget before putting my flat on the market. I expect it to be yet another catastrophe for people who work in the private, not public, sector, who pay high taxes already and are net contrbutors.

Can't tell you how many small businesses I have seen fold lately. I expect most people are getting poorer and poorer.

Things are already catastrophic in most public services and public servants pay the same rates of PAYE tax as those in the private sector.

I agree with what you say about most people getting poorer in real terms and is exactly why I expect house prices to fall more.

House prices need to fall if there is going to be a sensible recalibration of property prices to earnings. My gut instinct says it is starting to happen. I'm fairly certain that noone is going to pay the price an estate agent suggested four years ago. But there also isn't anything comparable on the market. So, if what I am selling is what someone wants to buy, then I am ready to talk price.

No, we are getting ready to market ours (divorce related). We will likely be listing later this month or early November and can’t wait for the budget. But it might impact the pricing of ours as it is probably teetering around the £500k mark, although suspect a smidge under so perhaps we will play safe and go with something starting with a 4 rather than testing the market at say £525k (I think it’s worth £475k but hard to value as it’s a special house and nothing on the market like it locally).

But there is naff all to even go to view which makes me feel a bit sick with worry. I’m tied to area because of ex, schools, friends/support and animals.