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Budget won't be to blame if house prices fall, housing minister says
Budget won't be to blame if house prices fall, housing minister says Sun 31 May 2026 at 10:52am In short: Clare O'Neil says suggestions the government's proposed tax changes could knock 10 per cent off the price of homes are overblown, and Treasury expects only a "mild" impact on price growth. The housing minister says if prices did fall sharply, it would not be due to the proposed changes to negative gearing and capital gains tax. The government is consulting on its proposed tax changes,...
House prices fall as Iran war drives up mortgage rates
House prices fall as Iran war drives up mortgage rates
UK house prices fall for first time this year as Middle East crisis hits confidence – business live
British house prices fell 0.6% in May, leaving them 1.7% higher than a year earlier, Nationwide reportsHere’s some snap reaction to the news that UK house prices dropped last month for the first time this year:Tom Bill, head of UK residential research at Knight Frank:“This is further evidence that the housing market slowed down at precisely the time of year when you would expect momentum to be building. There won’t be a cliff-edge moment, but the impact of higher borrowing costs will erode...
UK house prices fall for third successive month amid Iran war uncertainty
Unexpected monthly drop of 0.1% in May leaves price of typical home at £298,806, says lender HalifaxBusiness live – latest updatesUK house prices fell unexpectedly in May as rising mortgage rates fuelled by the war in Iran affected affordability and homebuyer demand. The average price of a typical UK home fell by 0.1% in May to £298,806 compared with April, the third consecutive monthly drop recorded by the lender Halifax. Analysts had been expecting a return to growth, with a consensus of a...
UK house prices fall for third successive month amid Iran war uncertainty
Unexpected monthly drop of 0.1% in May leaves price of typical home at £298,806, says lender HalifaxBusiness live – latest updatesUK house prices fell unexpectedly in May as rising mortgage rates fuelled by the war in Iran affected affordability and homebuyer demand. The average price of a typical UK home fell by 0.1% in May to £298,806 compared with April, the third consecutive monthly drop recorded by the lender Halifax. Analysts had been expecting a return to growth, with a consensus of a...
UK house prices fall for third successive month amid Iran war uncertainty
Unexpected monthly drop of 0.1% in May leaves price of typical home at £298,806, says lender HalifaxBusiness live – latest updatesUK house prices fell unexpectedly in May as rising mortgage rates fuelled by the war in Iran affected affordability and homebuyer demand. The average price of a typical UK home fell by 0.1% in May to £298,806, the third consecutive monthly drop recorded by the lender Halifax. Analysts had been expecting a return to growth, with a consensus of a 0.1% rise forecast...
UK House Prices Fall as Mortgage Costs Bite, Nationwide Says
Estate agenta 'Sold' signs outside properties in Woking, UK. Photographer: Jason Alden/Bloomberg
UK house prices fall for first time this year amid rising interest rates
Nationwide finds typical price was £278,024 in May, as Savills says Iran war has ‘fundamentally changed’ outlookBusiness live – latest updatesHouse prices fell in the UK for the first time this year in May, as rising interest rates triggered by the war in Iran hurt homebuyer demand. The price of the average UK home dropped 0.6% in May compared with the month before, according to the lender Nationwide.
UK house prices fall for first time this year amid rising interest rates
Nationwide finds typical price was £278,024 in May, as Savills says Iran war has ‘fundamentally changed’ outlookBusiness live – latest updatesHouse prices fell in the UK for the first time this year in May, as rising interest rates triggered by the war in Iran hurt homebuyer demand. The price of the average UK home dropped 0.6% in May compared with the month before, according to the lender Nationwide.
UK house prices fall for first time this year amid rising interest rates
Nationwide finds typical price was £278,024 in May, as Savills says Iran war has ‘fundamentally changed’ outlookBusiness live – latest updatesHouse prices fell in the UK for the first time this year in May, as rising interest rates triggered by the war in Iran hurt homebuyer demand. The price of the average UK home dropped 0.6% in May compared with the month before, according to the lender Nationwide.