REID - Residential Property News

• Rental Price Tracker Q2 2026 – Rightmove

  Rightmove's Q2 2026 Rental Price Tracker reports record-breaking average advertised rents: outside London at £1,397 pcm (up 1.9% quarter-on-quarter, 2.3% year-on-year) and in London at £2,791 pcm (largest quarterly increase since 2023 at 2.0%). The data highlights ongoing growth in rental markets across the UK. Source: Rightmove News

• First Time Buyer Mortgage Rates – July 2026

  The HomeOwners Alliance provides an overview of current mortgage deals for first-time buyers, including two-year fixed rates at 4.13% and five-year fixed rates at 4.17%. The article emphasizes the competitive landscape amid rising mortgage rates. Source: HomeOwners Alliance

• Rents edge upwards in prime markets across the country

  Savills reports that prime UK rental markets are experiencing modest quarterly increases: 1.3% regionally, 1.2% in outer prime London, and 0.4% in prime central London. Rising regulation and taxation are impacting landlords in these areas. Source: Letting Agent Today

• UK asking prices fall 1% in July as market faces headwinds

  UK asking prices fell by 1% in July, reaching an average of £372,359, a sharper decline than usual. Experts attribute this drop to rising mortgage rates and ongoing market headwinds, indicating potential challenges for sellers. Source: PropertyWire

• What are the current UK mortgage rates?

  UK mortgage rates remain steady at 3.75%, but geopolitical tensions, including conflicts in the Middle East, are causing financial market volatility. These factors could influence borrowing costs and housing affordability. Source: Rightmove

• Heat and World Cup hurt UK property asking prices, Rightmove says

  Rightmove reports a significant decline in UK property asking prices over recent weeks, influenced by high temperatures and the World Cup. These distractions have temporarily impacted the housing market's activity and pricing trends. Source: LSE News (London South East)

• UK Property Market Update — July 2026

  The UK housing market shows mixed signals in July 2026, with Nationwide reporting a 2.2% annual house price growth, while other indices note a sharp slowdown. This divergence highlights ongoing market uncertainty. Source: SurveyMerchant (Party Wall blog)

• UK Property Market Friday 17 July 2026: Record High Rents, Digital Platform Joins the Auction Big Six, and Buyers Push for House‑Buying Reform

  The UK property market is experiencing record-high rental prices as of mid-2026. Additionally, a new digital auction platform has entered the market, and buyers are increasingly advocating for reforms in house-buying processes. Source: HouseData.uk

• What’s happening NOW with the housing market?

  Recent data indicates a mixed picture in the housing market, with increased stock levels and declining buyer demand across regions like Northern Ireland. Asking prices are also being reduced more frequently, signaling potential cooling. Source: EstateAgentToday.co.uk

• Housing Market Update: July 2026

  Housing market data for July 2026 show a 3.8% annual increase in sold prices, the highest since pre-Stamp Duty reforms. However, asking prices fell by 0.6% in June, marking the largest June decline in over a decade. Source: Express Estate Agency Property News & Advice

• Landmark residential property trends report Q2 2026 England and Wales – July 2026

  The Q2 2026 residential property trends report for England and Wales indicates stable listings but a 7% drop in properties sold subject to contract. Despite this, completions rose by 23%, possibly due to a low baseline in the previous year. Source: Landmark Information Group

• UK Land Value Tax Could Take Five Years to Implement, says BoE

  The Bank of England suggests that implementing a land value tax could take up to five years, creating uncertainty for homeowners and developers. The long lead time may impact future housing and land development plans. Source: PropertyWire

• As One in Six Rental Homes Have Left the Market

  Approximately one in six rental homes have exited the UK market, likely due to financial pressures and legislative changes. This reduction in rental supply could influence rental prices and market stability. Source: NewsNow (aggregated from Residential Landlord)

• Mortgage Rates Today: Latest UK Mortgage Rates 2026

  Mortgage rates in the UK have slightly eased as of mid-July, with the two-year fixed rate dropping to 5.46% and the five-year fixed to 5.48%. Despite this decline, rates remain elevated compared to previous years, influencing buyer affordability. Source: Forbes Advisor

• Nationwide and Barclays hike mortgage rates in further damage to the housing market

  Nationwide and Barclays have announced hikes in mortgage rates amid ongoing geopolitical tensions, notably the Iran–US conflict. Experts warn that these increases could further impact the UK housing market, potentially making borrowing more expensive for prospective homeowners. Source: iNews

• What are the current UK mortgage rates today? | 16 July 2026

  Recent data from Uswitch reveals that UK mortgage rates remain high, with the average two-year fixed-rate at 5.06% and the five-year fixed at 5.14%. These figures reflect the ongoing challenges in securing affordable mortgage deals for buyers. Source: Uswitch

• UK property market analysis, forecasts and trends | Zoopla

  Zoopla's latest analysis predicts a 1.4% year-on-year house price growth in June 2026, supported by easing mortgage rates and regional demand. The report also notes a 2.1% increase in rental inflation nationwide, reflecting ongoing rental market strength. Source: Zoopla (Research & Insights)

• UK Property Market Update — July 2026｜IREIS Properties

  The IREIS July 2026 update reports a significant 0.6% drop in asking prices in June—the largest in fourteen years—as sellers adjust amid high supply levels. The Bank of England maintains the base rate at 3.75%, influencing market dynamics. Source: IREIS Properties Knowledge Centre

• Rightmove reveals 2026 market trends as prices predicted to rise by 2%

  Rightmove forecasts a modest 2% increase in seller asking prices by 2026, following a slight decline in 2025. The report highlights stronger resilience in regions like Scotland, Wales, and northern England, indicating a cautiously optimistic outlook for the housing market. Source: Rightmove Press Centre

• UK Property Market Report 2026: House Prices, Rents, Rates & Forecasts — The Real Numbers

  A comprehensive report from 100 Key Properties provides a broad overview of the UK housing market in 2026, noting that house prices are broadly stable or slightly rising. The report highlights increased housing supply giving buyers more negotiating power and reveals regional disparities, especially between the North and South. Source: 100 Key Properties