Rightmove welcomes “Your First Home” measures as new-build developments hit record low

By Public Technologies
  • Rightmove backed measures to help first-time buyers, citing tough conditions for developers.
  • Director of New Homes Alex Slater flagged a record-low pace of new build developments coming to market in H1 2026.
  • More than 50% fewer new developments joined than in H1 2019; total developments fell to 2,766, down 4% since end-2025.
  • Buyer demand ran 9% below last year; average asking price stood at £367,440.
  • Two-year fixed mortgage rate averaged 5.49% versus 4.53% a year earlier; Rightmove urged support to improve affordability and confidence.


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