House prices ‘grind to a halt’ as London prime property hit Property House prices in London’s most sought-after areas continued to plummet in August as confidence across the country’s housing market slumped on the back of rising mortgage rates brought on by the Iran war. Areas at the centre of the capital’s prime property market shed value in August as house prices across the capital slipped by [...]
House prices fall faster in London as property market stays ‘subdued’ Property House prices in London fell at a faster rate last month, as homeowners in the capital continue to bear the brunt of the property market slowdown caused by the Iran war. The average house price in London fell by 2.2 per cent to £531,548 in the year to September, according to the Lloyds house price [...]
UK house prices fall at fastest rate since May as mortgage rates weigh on demand Property UK house prices fell at their fastest pace since May as expensive mortgages and uncertainty ahead of the Autumn Budget fuelled caution among buyers. Prices fell 0.2 per cent during September, faster than economists had expected and reversing August’s 0.2 per cent increase, according to data from Nationwide. The average UK home was valued at [...]
House prices fall for first time in three years as borrowing costs weigh on buyers September 7, 2026 House prices fell in the year to August in the first annual decrease in nearly three years, as high borrowing costs cause prospective buyers to “sit tight”. The average UK house price edged down 0.2 per last month to £298,468, according to Lloyds’ house price index. This marks a 0.4 per cent year-on-year fall, the [...]
House prices remain sluggish in ‘subdued’ property market September 1, 2026 House prices continued their sluggish run in August, gaining just 0.2 per cent on the previous month, as uncertainty caused by the Iran war and the upcoming Budget in October weigh on the market. The average UK house price grew by 1.6 per cent to £275,465 in the year to August, marking a slight improvement [...]
House prices in wealthy London boroughs fall by up to £300,000 August 19, 2026 House prices in London’s most sought-after areas plummeted further in June, with the average price in some postcodes falling by nearly £300,000 year on year. London’s average house price slipped by 2.5 per cent to £554,000 in the year to June, according to the Office for National Statistics (ONS). Though this was a softer fall [...]
House prices suffer biggest August slump in eight years August 17, 2026 House prices in the UK have suffered their biggest August drop since 2018, as a usually quiet period for the property market is stifled further by fears of Budget tax rises. The average house price slumped by two per cent this month to £364,999, according to property portal Rightmove. House prices are down one per [...]
London house prices fall again as property slowdown drags on July 22, 2026 London house prices fell again in May as uncertainty over Andy Burnham’s premiership dampened market confidence. The average house price in the capital slipped by 3.7 per cent to £545,000 in the year to May, according to the Office for National Statistics (ONS). Prices jumped in the rest of the country, though the headline rate [...]
House prices rise as mortgage rates ease from Iran war highs July 7, 2026 House prices inched up in June as mortgage rates softened following a sharp spike in response to the Iran war. The average UK property price rose by 0.2 per cent in June to £299,330, compared to a 0.2 per cent fall in May, according to the Lloyds house price index. Inflationary fears and expectation of [...]
House prices jump as property market ‘treads water in rough conditions’ June 17, 2026 House prices jumped by 0.7 per cent in April, in signs that the property market is “trading water in rough conditions” as the Iran war spikes mortgage rates. The average UK house price rose to £270,000 from March to April, marking 3.8 per cent year-on-year growth, according to new government statistics. But property experts have [...]