IntelliNews

UK house price growth halves amid rising mortgage interest rates


Prices fell by 0.2% month on month in September as average price of a home slipped to £274,251, says Nationwide

Business live – latest updates

Annual house price growth halved in the UK last month, as economic uncertainty sparked by conflict in the Middle East continued to deter homebuyers.

The average price of a British home rose 0.8% in the year to September to £274,251, according to Nationwide. That was half the rate recorded in August, when house prices grew 1.6% year on year. It also marked the slowest pace of home price growth since December last year.

Continue reading…



Source link : https://www.theguardian.com/money/2026/oct/01/uk-house-price-growth-rising-mortgage-interest-rates-nationwide

Author : Kalyeena Makortoff Banking correspondent

Publish date : 2026-10-01 06:59:00

Copyright for syndicated content belongs to the linked Source.

Quitter la version mobile