House prices remain sluggish in ‘subdued’ property market Property 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 [...]
Nationwide fires starting gun on mortgage deals ahead of interest rate decision Banking Nationwide has slashed its mortgage rates for the second time in the space of a week, ahead of the Bank of England’s interest rate decision on Thursday. The building society has taken the chop to its home loan prices, with a 0.28 percentage-point reduction. It follows a 0.12 cut on 10 June. The move comes [...]
House prices fall again as property market ‘deteriorates’ Property House prices fell again in May as the mortgage rate hikes and surging energy bills caused by the Iran war continued to take their toll on the UK’s fragile property market. The UK’s average house price fell by 0.6 per cent to £278,024 in May, compared to 0.4 per cent growth in April, according to [...]
House prices rise in April as market proves ‘remarkable resilience’ May 1, 2026 House prices made a surprise jump in April, as the “remarkable resilience” of the UK’s housing market trumped the hit to consumer confidence caused by the Iran war. Annual house price growth in the UK climbed to three per cent last month, up from 2.2 per cent in March. National house prices grew by 0.4 [...]
House prices pick up but property outlook remains ‘clouded’ March 31, 2026 House prices picked up in March as the property market gained traction after a slow start to the year, though experts warn the Iran war could “cloud” this momentum. The UK’s house prices rose by 2.2 per cent year on year in March, up from one per cent growth in the year to February, as [...]
House price growth holds steady in February March 2, 2026 House prices held steady in the year to February and rose slightly from last month, according to Nationwide’s house price index. The average UK house price last month was £273,176, up 0.3 per cent from January, and annual price growth was unchanged at one per cent. A continued improvement in affordability helped drive first-time buyers [...]
Housing market ended 2025 on ‘softer note’ after ‘resilient’ year January 2, 2026 The UK housing market rounded off 2025 on a softer note after remaining “resilient” through a volatile year, according to Nationwide’s latest house price index. Annual house price growth slowed to 0.6 per cent in December from 1.8 per cent in November, with a 0.4 per cent fall in prices. This took the average UK [...]
Housing affordability creeps up amid wage growth and rate cuts August 1, 2025 Housing affordability in the UK has slowly been improving amid slower house price growth than wage growth, as well as a fallback in mortgage rates. House prices grew 2.4 per cent in the year to July, according to Nationwide’s latest house price index, while wage growth was five per cent. The price of a typical [...]
Nationwide posts bumper year after stamp duty rush May 29, 2025 Nationwide Building Society bolstered its takings in the 12 months to March 31 2025, after a rush to beat the stamp duty deadline led to a surge in first-time buyers. The firm said it served more first-time buyers than any other lender in the UK, with 120,000 purchasing their first home. This was a significant leap from [...]
Where did UK house prices rise fastest in 2024? January 2, 2025 Nationwide's house price index showed that house prices rose 4.7 per cent over the year-to-December. Across 2023 house prices fell 1.8 per cent, according to the building society.