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The Guardian - UK
The Guardian - UK
Business
Zoe Wood

New mortgage affordability rules help UK housing market avoid summer lull

A row of terraced houses.
The average UK house price in June was £268,400, up £3,350 (1.3%) from a year earlier, the report said. Photograph: Dominic Lipinski/PA

The typical summer lull in Britain’s housing market has been avoided amid the availability of bigger home loans fuelling a “buyer’s market”, according to a property website.

Despite the signs of a bustling market, Zoopla said it had halved its house price forecast for 2025 as buyers were taking into account increased stamp duty costs in their offers in England and Northern Ireland.

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