Story perspectives

UK house-price growth slows to 0.8% in September

By Drooid · Oct 1, 2026, 10:19 AM UTC · How we work

Summary

Story summary

Nationwide reports UK house-price growth halved to 0.8% in September, since Dec 2025.
Average UK house price fell 0.2% to £274,251 in September.
Moneyfacts says two-year fixed mortgage rates rose above 5.9%, highest since July 2024.
Government will launch Your First Home scheme, offering 20% equity loans to first-time buyers with a 2.5% deposit.
Shares of Persimmon, Barratt, Redrow, Taylor Wimpey, Crest Nicholson and Vistry rose after the announcement.

History

Historical Context

The 2008 U.S. housing bust, where prices dropped roughly 20% from the 2006 peak and mortgage rates climbed to 5.25%, taught regulators to tighten credit monitoring. Building on that lesson, the 2025 UK Your First Home equity-loan scheme aims to steady demand as house-price growth slows and mortgage rates remain high.

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Story summary

Nationwide reports UK house-price growth halved to 0.8% in September, since Dec 2025.
Average UK house price fell 0.2% to £274,251 in September.
Moneyfacts says two-year fixed mortgage rates rose above 5.9%, highest since July 2024.
Government will launch Your First Home scheme, offering 20% equity loans to first-time buyers with a 2.5% deposit.
Shares of Persimmon, Barratt, Redrow, Taylor Wimpey, Crest Nicholson and Vistry rose after the announcement.

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