F&F LLP Property Team Newsflash

The latest Guernsey Residential Property Prices Bulletin for Q2 2026 was released this morning, with the figures showing continued strength across the Island’s residential property market.

The mix-adjusted average Local Market purchase price increased to £608,844, up 0.8% on the previous quarter and 2.1% compared with Q2 2025, reflecting steady growth in property values.

Market activity has also picked up considerably, with 261 Local Market transactions completed during Q2 2026. This represents a significant increase on both the previous quarter and the same period last year, indicating sustained buyer confidence and strong demand.

The Open Market has remained resilient, with a median sale price of £1.989 million. Meanwhile, the average Local Market rental price reached £2,138 per calendar month, an increase of 3.1% year-on-year, underscoring the continued strength of the rental sector.

There was also positive news on housing supply, with a net increase of 107 residential property units recorded during the year ending June 2026, providing some welcome additional capacity to the Island’s housing stock.

If you would like to discuss what these latest figures mean for you, whether you’re buying, selling, investing or refinancing, please get in touch with a member of our Conveyancing Team. We’d be delighted to help. We can be reached by email at: Info@ferbrachefarrell.com or by telephone on: +44 1481 815 050.

The Development & Planning Authority has released three newly updated Guernsey Technical Standards, marking an important move toward aligning local building guidance with the latest fire‑safety measures adopted in England and Wales, including recommendations arising from the Grenfell Tower Inquiry.

Both volumes of Part B have now been revised, with the most significant updates formally embedded within the regulatory framework.

The changes include a formal restriction under Regulation 11 that bans combustible materials in and on external walls, updated provisions within Regulation 24a relating to fire‑safety information, and the removal of national classes for reaction to fire and roofs.

There is also a new recommendation for more than one common stair in residential blocks over 18m, together with strengthened design provisions supporting the use of evacuation lifts in tall residential buildings.

The third release, Guernsey Technical Standard 11, is a complete new edition. It reflects recent amendments to the Building Regulations Statutory Instrument, specifically tightening restrictions on the use of flammable materials on the exterior of relevant buildings.

These documents come into force on 1 September 2026.

For more information, please contact our Guernsey Property Team contacts: Alastair Hargreaves, Caren Vidamour and Robin Gist.

The States of Guernsey has today released the 2025 Annual Residential Property Stock Report, providing a comprehensive snapshot of Guernsey’s domestic property landscape. The F&F LLP Property Team has reviewed the findings in full and prepared its initial commentary, drawing out the key themes that will matter most to homeowners, prospective buyers, and investors planning ahead for 2026.

The report highlights a total of 27,799 domestic property units at the end of 2025, including 1,607 Open Market properties (5.8%), offering valuable insight into supply, ownership trends, and evolving market dynamics.

During the year, the housing stock saw modest growth, with 127 new units created and 65 removed, resulting in a net increase of 62 units. Houses and bungalows continue to dominate the market, accounting for 74.5% of all units, while apartments make up 24.6%. Notably, three-bedroom properties remain the most common, representing nearly a third (31.5%) of all homes.

Ownership patterns show that 61.2% of properties are owner-occupied, with a further 26.3% privately rented. Affordable housing accounts for a smaller but important segment, including 8.6% social rented and 1.0% intermediate (partially owned) units. The majority of properties (86.8%) are owned by residents living in Guernsey, with only a small proportion held by off-island owners.

Geographically, housing remains heavily concentrated in St Peter Port, which contains 32.7% of all domestic units and has by far the highest density at 1,418 units per square kilometre, more than double that of any other parish.

Market activity also saw a notable shift, with 3.8% of Local Market properties transacted in 2025. While this marks an increase from 2024 (2.8%), it remains below the peak levels recorded in 2021 (4.6%), indicating a market that is active but stabilising.

Overall, the report reflects a stable and steadily growing property market in Guernsey, characterised by modest supply increases, strong levels of owner occupation, and signs of gradually recovering market activity. To view the full report, visit: Guernsey Annual Residential Property Stock Report

For tailored advice or to discuss the findings in more detail, please contact our Guernsey Conveyancing team on 01481 815050 or Alastair Hargreaves, Anna Douglass, or Stuart Nash.

The States of Guernsey has today released the Q4 2025 Residential Property Prices Report, delivering one of the most comprehensive and insightful analyses of the island’s housing market in recent years. This quarter’s publication provides a detailed overview of pricing trends, transaction activity, and evolving market behaviour across both the Local Market and Open Market sectors, offering valuable clarity at a time of heightened interest in Guernsey property.

The F&F LLP Property Team has reviewed the findings in full and prepared its initial commentary, drawing out the key themes that will matter most to homeowners, prospective buyers, and investors planning ahead for 2026.

The headline picture is one of continued resilience. Market activity remains steady, though increasingly price‑sensitive as buyers take a more considered approach. Local Market values have broadly stabilised, with the mix‑adjusted average purchase price rising to £595,820 in Q4 2025, a measured 0.5% increase on the previous quarter.

Transaction levels strengthened to 246 sales during the period, signalling sustained confidence among committed purchasers. At the same time, extended selling periods and a widening gap between asking and achieved prices highlight a shift toward more selective, value‑driven decision‑making.

Supply constraints remain a defining feature of the landscape. New‑build delivery in the Local Market continues to lag behind demand, contributing to upward pressure in both sales and lettings. The rental sector, in particular, continues its upward trajectory, with average rents increasing to £2,162 per calendar month, a 2.4% rise on the previous quarter.

In the Open Market, values have softened slightly from recent peaks but remain significantly higher than five years ago, underscoring the long‑term strength and desirability of this segment.

Overall, the depth and clarity of data in this quarter’s report provide essential context for anyone considering a property transaction or investment strategy in the months ahead. Whether navigating the Local Market, exploring the Open Market, or assessing rental opportunities, informed planning will be key as Guernsey moves further into 2026.

For more details, please see: Guernsey Quarterly Residential Property Prices Bulletin Quarter 4 2025

For tailored advice or to discuss the findings in more detail, please contact our Guernsey Conveyancing team: Alana Marquis, Sarah Gaudion, Knatachaa Cardwell, Richard Croft, or Lucy Beere on 01481 815050 or Alastair Hargreaves, Anna Douglass, or Stuart Nash.

Rachel Reeves, the UK Chancellor, has announced a wide-range of property and tax reforms in today’s Autumn Budget, following months of conjecture as to what may happen.

F&F’s key takeaways are:

• Tax thresholds: Income tax and National Insurance thresholds are being frozen for another three years from 2028, continuing a pause implemented by the previous government, meaning that the thresholds do not rise with inflation.

• Tax-efficient savings: The Budget introduced salary-sacrifice pension contributions, which will be capped at £2,000 per year (from April 2029), meaning above that threshold, pension contributions will no longer avoid National Insurance. At the same time, tax rates on savings interest, dividends and property income will rise by two percentage points.

• Property taxation: Major changes for property owners and investors were confirmed and taking effect from April 2027, including a “high-value council tax surcharge” for properties worth more than £2m (an additional expense of £2,500 a year, rising to £7,500 for properties worth more than £5m), as well as the basic and higher rates of tax on property, dividend and savings income which will go up by two percentage points each (so to 22%, 42% and 47% for the basic and additional rates).

Although outside the scope of this short briefing note, significant changes have also been made to capital gains tax, corporation tax, and the tax treatment of gambling.

To read all the changes, visit Budget 2025 – Gov UK