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The UK Living Sector: What Might We Expect in 2026?

Urban apartments
By Matthew Birchall & Rachel Whittaker on December 10, 2025
Posted in Environmental & Social & Governance, Featured, GT Alert, Private Equity, Real Estate, Regulatory


As 2026 approaches, the UK living sector finds itself at a pivotal moment, shaped by an evolving and increasingly complex regulatory environment. Government priorities continue to centre around boosting housing delivery, strengthening tenant protections, improving building safety, advancing sustainability, and reforming planning systems. In response, investors, developers, and operators must remain agile, adapting to fresh compliance demands and legislative shifts. At the same time, macroeconomic headwinds – including persistent inflation, elevated construction costs, labour shortages, and slower-than-expected reductions in interest rates – pose significant hurdles. This GT Alert outlines some of the regulatory and commercial issues that may define the landscape for stakeholders within the sector in the year ahead.

Continue reading the full GT Alert.

Tags: GT Insight, real estate, UK
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Photo of Matthew Birchall Matthew Birchall

As a shareholder in the London Tax team, Matthew’s practice focuses on the tax aspects of private investment funds. He handles the full spectrum of tax matters relating to real estate investment vehicles, including fund structuring and formation, secondaries, joint ventures, UK REITs…

As a shareholder in the London Tax team, Matthew’s practice focuses on the tax aspects of private investment funds. He handles the full spectrum of tax matters relating to real estate investment vehicles, including fund structuring and formation, secondaries, joint ventures, UK REITs within private fund platforms, corporate real estate M&A, and real estate financings.

Matthew’s representative matters include advising: on major fundraisings for pan-European funds; private equity real estate sponsors on structuring for UK REITs (and other tax-advantaged regimes) under private funds; leading private equity sponsors and their portfolio companies on big ticket M&A across sectors such as real estate, technology, health care, and infrastructure; and insureds and insurers on the tax aspects of W&I/R&W and specific tax risk insurance policies.

He is recognised in the Chambers UK 2026 guide for Tax for the sixth consecutive year, with clients noting: “Matthew is very good at dealing with tax points and negotiating. He was very helpful, commercial and very much on-point.”

Matthew's Linkedin Profile
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Photo of Rachel Whittaker Rachel Whittaker

Rachel Whittaker is a commercial real estate lawyer with deep experience on a wide range of commercial real estate matters, including acting for institutional landlords on major lettings, joint ventures, high-value investment acquisitions and disposals, large-scale developments and complex pre-lets, investment and development…

Rachel Whittaker is a commercial real estate lawyer with deep experience on a wide range of commercial real estate matters, including acting for institutional landlords on major lettings, joint ventures, high-value investment acquisitions and disposals, large-scale developments and complex pre-lets, investment and development financings, and property and asset management arrangements. She also has experience in the real estate finance, hotel, health care, and residential sectors.

Read more about Rachel Whittaker
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