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UK house prices flat in July, says Lloyds, as buyers struggle with affordability

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This story was selected and curated by our editorial team in the Business category. Published on August 7, 2026 • Originally reported by Lauren Almeida. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

Property prices in ‘suspended animation’ owing to higher mortgage rates and uncertainty in Middle East

UK house prices were broadly stagnant in July as prospective buyers were squeezed by higher mortgage rates, uncertainty around the Middle East and stretched affordability, according to the lender Lloyds.

The average property cost £299,253 in July, down by £143 compared with June, the bank’s monthly index found.

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