Annual growth of 0.1% is the slowest rate of house price inflation since November 2023.
Annual growth of 0.1% is the slowest rate of house price inflation since November 2023.
41% of UK areas are more cost-effective to buy than to rent, Pepper Money’s first-time buyer index has found.
44% think they will enter negative equity during their current mortgage term, rising to 56% of buyers aged 25-34.
House prices were up 0.1% month-on-month.
Sales saw a sharp 9% decline this month, with house price growth slowing to 1.3%.
Average house prices increased by 2.3% in England, 4.2% in Wales, and 4.4% in Scotland.
The average property in the UK has risen 15% in value over the past five years, but this differs dramatically per region, the latest data shows.
Political uncertainty is adding to the many distractions for summer buyers, Rightmove says.
First-time buyers face a £3,541 shortfall on their deposit following house price inflation, Moneybox reveals.
Momentum remains weak, though some indicators point to the recent downturn in activity easing.
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