Not seeing any UI lag/performance issue here with 1848 (iPad 9th Gen, iOS 26.0.1)
Dare I ask - have you tried rebooting your iPad?
Could you provide some more info e.g. iPad model? iOS version? anything else.
I imagine if it were an general Build 1848 bug the thread would be lighting up with others reporting same so, at face value, it feels like some local to your environment or config.