The snapshot (fast facts) House prices: Nationwide says +0.3% MoM in Oct; +2.4% YoY—stable and edging higher. (nationwide.co.uk) Asking prices: Rightmove’s October index shows £371,422, +0.3% MoM, -0.1% YoY; activity YTD still up vs 2024. (rightmove.co.uk) Base rate: 4% today; next MPC decision Thursday, 6 November 2025. (bankofengland.co.uk) Rents: ONS:
The rental picture (need-to-know) ONS: UK private rents +5.7% YoY (to August). Momentum is easing from mid-2024 peaks. Office for National Statistics Zoopla: New-let rents are +2.4% YoY with 2025 likely to end +2–3%; affordability is the key brake. Zoopla+1 Sharpen your position now Renewals with intent: Offer fair, evidence-based
The snapshot (data-driven, super short) Prices: Nationwide says house prices rose 0.5% in September; annual growth 2.2%. London still lags UK average. Reuters Asking prices: Rightmove shows +0.4% MoM in September (typical back-to-school bump) but 0.1% below last year; sales agreed running ~4% higher YoY. Rightmove Bank Rate: 4% today;
The Snapshot Base rate cut: The MPC reduced Bank Rate to 4% on 7 August (5–4 vote). Next MPC announcement is scheduled for 18 September. (Bank of England, Equals Money) Asking prices: -1.3% MoM in August to £368,740 (UK), marking a typical seasonal dip; July saw the busiest sales-agreed month
Big UK News: June’s Asking Price Drop – What It Means for You According to Rightmove, in June 2025 UK asking prices fell 0.3 %, the largest June dip since 2011—despite a typical +0.4 % summer rise. The average asking price now sits at approximately £378,240. (uk.linkedin.com, reuters.com) Why is this happening?
