House price growth falls to lowest in nearly six years – Comments from the Industry:

Marc von Grundherr, Director of London estate agent, Benham and Reeves, commented:

Much like Brexit itself, it seems to be one step forward, two steps back where the UK property market is concerned at the moment, and market uncertainty continues to see the rate of price growth decline to its lowest in almost six years.

London continues to suffer most from this slowdown as the higher price of property is resulting in more drastic adjustments than elsewhere across the UK. However, this adjustment in prices is seeing a returning air of confidence from an investment standpoint and we’ve seen a consistent level of interest from the foreign market investors so far this year.

While Brexit will continue to hang over the head of the London market, this growing level of interest will continue to build and much like a coiled spring, once the market does return to normality we will see a sudden and notable uplift in activity and price growth.

Property expert and Yomdel CEO, Andy Soloman, commented:

Our political escapades in the European theatre continue to take its toll on the bricks and mortar backbone running through our nation. However, given the continued political uncertainty surrounding Brexit and the addition of the seasonality involved, a drop in the rate of house price growth will come as little shock regardless of how notable.

The silver lining is that the barrier to homeownership continues to grow at a muted level for the nation’s aspirational home buyers and we’re still seeing very strong growth across the regional engine rooms of the Midlands and Yorkshire and the North West.

London, the East and the South East continue to suffer greatly and unfortunately for homeowners in these regions, there’s no end in sight. However, once the pendulum does swing in the opposite direction the previous property pedigree of these regions will ensure they recover as quickly, if not quicker, than they declined.

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Breaking News

UK house prices growing by 2.5% according to Halifax

Nathan Emerson, CEO of Propertymark: “This slight dip in house prices will likely have been influenced as a direct consequence to the current state of the global economy. There will always be a need for people to move house regardless of international trading relations; however, many aspiring or current homeowners will no doubt be discouraged…
Read More
Breaking News

UK house prices dip slightly in May, but market remains steady

Average property price now £296,648 compared to £297,798 last month Annual rate of growth slows to +2.5% from +3.2% in April Overall house prices have remained stable so far this year Northern Ireland continues to lead annual price growth in the UK Amanda Bryden, Head of Mortgages, Halifax, said: “Average UK house prices fell by…
Read More
Breaking News

Estate Agent Content

Do you think that your estate agency / property business requires content? Is content marketing still a thing in 2025? Are you concerned if anyone will read your words? Is it worth investing in estate agent content? Businesses with blogs generate 67% more leads than those without. As competition for attention online increases it remains…
Read More
Breaking News

The cost of voids rises by £200 for England’s landlords

The latest analysis by Dwelly, one of the UK’s leading lettings acquisition and success planning experts, has found that landlords have been hit with a 26% increase in the cost of void periods in the past year, equivalent to lost income of almost £200. Dwelly analysed average void period data from March 2024 and March…
Read More
Breaking News

Breaking Property News 5/06/25

Daily bite-sized proptech and property news in partnership with Proptech-X. Demand Rises for Housing and Infrastructure Projects Rising demand for housing, infrastructure and energy projects across Wales has driven continued growth at Lichfields’ Cardiff office, which this year marks 25 years in the capital. The team of 17 planning professionals is one of the largest…
Read More
Breaking News

Construction continues to enjoy a season in the sun

Underlying performance is on the rise during Q.2 2025 Today, Glenigan, one of the construction industry’s leading insight experts, releases the June 2025 edition of its Construction Index. The Index focuses on the three months to the end of May 2025, covering all underlying projects, with a total value of £100m or less (unless otherwise…
Read More