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Home page / UK news / Rightmove latest property report: UK house prices rose 0.5% in October!

Rightmove latest property report: UK house prices rose 0.5% in October!

Recently, Rightmove, the UK's largest real estate platform, released the UK real estate information package report for October. Follow Lan Shajun to see what changes are happening in the real estate market this month! 1. Real estate asking prices increased by 0.5%. New sellers' asking prices increased this month&n…

Recently, the UK's largest real estate platform Rightmove released the UK 10# {9} Monthly property information package report.

Follow Lan Shajun to see what changes are happening in the real estate market this month !

1# {27}、Real estate asking price rises# {29} 0.5%

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# {41}The asking price of new sellers increased this month 0.5% (# {45}+1,950 pounds), reaching 368,231 pounds. The overall gain was below the average gain of 1.4%#{52 } for this time of year.


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# {75}2#{83 }. The average number of buyer inquiries per house for sale increased#{ 83}8%

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The number of buyers asking per home for sale is still higher than 2019 #{ It was 8% higher than the same period before the epidemic in 101}# {99}.

Rightmove Director of Property Science# {110}#{ 118}Tim Bannister says it's important for property sellers to price their property appropriately. Well-priced properties successfully find a buyer in less than half the time, and when they When a buyer is found, the sale is also 50% less likely to fall through .

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3# {139}# {4}, mortgage interest rates continue to trend downward


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#{13 } Even though interest rates remain well above the ultra-low levels of recent years, average two- and five-year mortgage rates are now lower than they were at the same time after last year's mini-budget .A more stable mortgage market has given some homebuyers more confidence in their affordability.

Average fixed mortgage rates now running 11# {163} week down, the average two-year fixed rate is below 6%# for the first time since 6 month {171}, the average five-year fixed rate has dropped from 6.08% to the current #{ 36}5.43%#{179 }.


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Currently, even though interest rates are higher, mortgage rates continue to move in a stable direction and have been #{200 } 11 Weekly decline, with buyer affordability improving compared to the same period a year ago.#{60 }

For those who want to buy a British property with a loan, you can actively listen to the opinions and suggestions of local real estate agents. , find the right mortgage product. For full-money home buyers, you can make full use of the bidding advantages of the current real estate market, compare prices, and find the most cost-effective high-quality properties.#{ 67}

If domestic property buyers encounter any problems during the purchase of British property, please feel free to contact us Consult Lansha Real Estate Consultants at any time for professional investment advice.