Annual house price growth ticked up to 2.2% in September 2025, from 2.1% the month before, Nationwide\u2019s House Price Index shows.<\/p>\n
This hides significant regional differences, as prices have risen by 9.6% in Northern Ireland, 5.1% in the North and 3.8% in Yorkshire & The Humber.<\/p>\n
At the other end of the spectrum, they\u2019ve risen by just 0.3% in outer South East, 0.6% in London, and 0.9% in the South West.<\/p>\n
Jeremy Leaf, north London estate agent and a former RICS residential chairman, said: \u201cAs our supply of listings start to slow a little in response to worries about the Chancellor\u2019s Budget intentions for property taxes so the pressure on prices has eased.<\/p>\n
\u201cAs a result, with some values softening, still-motivated buyers are seeking to second-guess possible increased costs.<\/p>\n
\t <\/p>\n
\u201cLooking forward, low unemployment as well as earnings still rising faster than inflation and house prices overall means we can look forward to a relatively-strong bounce back once the uncertainty is over.\u201d<\/p>\n
The Autumn Budget will take place on 26 November.<\/p>\n
Iain McKenzie, chief executive of The Guild of Property Professionals, said: \u201cLooking ahead, sentiment will hinge on the interplay between inflation, monetary policy, and potential housing tax reforms in the Autumn Budget.<\/p>\n
\u201cWhile the base rate cut in August provided some relief, persistently high inflation clouds the outlook for further reductions.<\/p>\n
\u201cEqually, speculation around new property taxes is creating some uncertainty in the market. For now, pragmatism is driving progress, and those who adapt quickest will move quickest.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Annual house price growth ticked up to 2.2% in September 2025, from 2.1% the month before, Nationwide\u2019s House Price Index shows. This hides significant regional differences, as prices have risen by 9.6% in Northern Ireland, 5.1% in the North and 3.8% in Yorkshire & The Humber. At the other end of the spectrum, they\u2019ve risen […]<\/p>\n","protected":false},"author":1,"featured_media":4167,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-second-home"],"yoast_head":"\n