UK house prices were effectively unchanged in July 2026, with the average property price slipping £143 from June to £299,253 and annual growth slowing to 0.1%, the weakest since November 2023, according to Lloyds. The lender said stretched affordability and rising mortgage costs left the market highly sensitive to borrowing conditions even after the Bank of England held the base rate at 3.75%, while Moneyfacts put average two-year and five-year fixed mortgage rates at 5.63% and 5.67% on Friday. Northern Ireland led regional growth with a 7.4% rise to £231,131, followed by Scotland and Wales, while declines in the South East and Greater London offset gains across northern England and kept the market in a narrow two-year range.