Rate of house price growth slips to six year low – industry comments:

Founder and CEO of GetAgent.co.uk, Colby Short, commented:

The latest statistics provide yet more evidence that the UK market has failed to get out of the blocks so far this year, with the economic drag of political uncertainty continuing to influence sentiment amongst both buyers and sellers.

However, we aren’t seeing any drastic collapse in prices and while this price growth limbo is likely to persist over the coming months, things could certainly be worse, and will no doubt get better.

Managing Director of One77 Mortgages, Alastair McKee, commented:

Not the most positive reading but perhaps not as significant as it might seem.

While we’re seeing the rate of price growth slow there is still a great deal of positivity across the UK market.

As we approach peak selling season, the continued affordability of mortgage products, a reduction in asking prices and a consistent level of stock entering the market should see more positive price growth trends blossom over the coming months.  

This will only be bolstered by today’s inflation figures which show no movement and this additional interest rate security will only help fuel buyer demand.

Director of Benham and Reeves, Marc von Grundherr, commented:

The London market continues to take a bit of a kicking as a result of yet more Brexit based delays, but the best investments are often the most susceptible to more notable readjustments in times of hardship.

The current realignment of the London market is far more palatable than we’ve seen previously and as it stands, London homeowners are still sitting on a very sound piece of bricks and mortar when viewed in context with the wider UK market.

This current period of price growth respite in the capital provides far more opportunity than peril for those looking to buy and the stability of underlying market foundations that remain mean will ensure positive movement in the long-term.

Properganda PR

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

You May Also Enjoy

Breaking News

FMB Supports Construction Leadership Council’s Health and Wellbeing Strategy

The Construction Leadership Council (CLC) Health, Safety and Wellbeing Strategy is a welcome and much needed new initiative to help drive industry change, says the Federation of Master Builders (FMB). The FMB’s CEO Brian Berry has joined more than 140 industry leaders at the Construction Leadership Council’s launch of its comprehensive Health, Safety and Wellbeing…
Read More
Clacton on Sea cash injection
Breaking News

20% Property Premium to Live Beside Britain’s Best Beaches

The latest research from eXp UK has found that homebuyers hoping to live by one of Britain’s best beaches can expect to pay almost 20% more on average compared to the wider local market, amounting to a seaside property premium of over £46,000. The research* by eXp UK analysed property prices in postcode districts surrounding…
Read More
Breaking News

Houseboats hand London homebuyers 57% saving

Houseboats hand London homebuyers 57% saving versus bricks and mortar The latest research from Benham and Reeves has found that London homebuyers could save as much as 57% on their property purchase by choosing a houseboat over a traditional bricks and mortar home, with the average cost of a houseboat across the capital coming in…
Read More
Breaking News

Silverstone fails to take pole when it comes to race track property premiums

The latest research from Yopa has found that while Silverstone may be the spiritual home of British motorsport and host of this weekend’s Formula 1 Grand Prix, it is far from the most prestigious racing venue when it comes to local property prices. In fact, homes near other race circuits across Britain command far higher…
Read More
Breaking News

Section 8 Reforms: What Landlords Need to Know About Longer Notice Periods and Stricter Rules

By Allison Thompson, National Lettings Managing Director, LRG As the Renters’ Rights Bill continues its progress through the House of Lords, landlords should be preparing for a much tighter framework around possession. One of the most significant changes proposed is the reform of Section 8, the legal route for regaining possession where a specific reason…
Read More
New Build for Merseyside
Breaking News

British new-build demand sees quarterly decline

The latest new-build market insight from Property Inspect has revealed that buyer demand for new-build homes remained largely static between the first and second quarter of this year, although buyer appetites for new homes remained robust in a number of major cities. The New-Build Demand Index (Q2 2025) from Property Inspect provides a view of…
Read More