Halifax has reported a 0.0% month-on-month change in typical UK property values in June, following a 0.3% decline in May. Amanda Bryden, head of mortgages at Halifax, said the market "remained steady", with the average property price at £296,665, approximately 2.5% higher than last year. Karen Noye from Quilter highlighted that the market may slow down due to seasonal changes, while Sarah Coles from Hargreaves Lansdown pointed out that high property prices are straining affordability. Overall, experts suggest that modest growth may occur later in the year as mortgage rates stabilise. |
Daily Mail (08/07/2025) The Daily Telegraph (08/07/2025) The Independent (08/07/2025) The Intermediary (08/07/2025) |