House prices are still rising but they are doing so more slowly. Buyers do have improved choice, with a 5% increase in the number of homes for sale. However, the highest mortgage rates for three years are putting pressure on buying power.
Latest articles by Richard Donnell
UK rental growth is picking up as the supply of homes for rent falls. Rents are now 2.6% higher than a year ago, with fewer homes available and rising competition putting renewed upward pressure on rental values.
Buyer activity is beginning to recover after a slower summer, with searches for homes now 7% higher than a year ago. However, higher mortgage rates have reduced buying power, causing sales and house price growth to slow.
UK house price growth has slowed to 1.3% as higher mortgage rates and uncertainty weigh on market activity. While the average home has gained £3,400 in value this year, the picture varies significantly across the country, with some regions seeing strong growth while others face falling prices.
Our latest data highlights the impact of stamp duty on the Southern housing market. 51% of first-time buyers pay in the South East and nearly 8 in 10 in London, compared to fewer than 1 in 10 across Northern England.
UK house prices continue to show modest growth, up 1.4% year on year in June 2026, supported by easing mortgage rates and resilient demand in many regions. Market activity varies across the UK, with improving affordability helping to stabilise conditions.
Loading...