Quilter says UK annual house price growth slows to 0.8% as buyers await Budget clarity

• Quilter flagged a sharp cooling in the UK housing market as buyers delayed moves ahead of Chancellor John Healey’s first Budget.
• Annual house price growth slowed to 0.8% in September from 1.6% in August; prices fell 0.2% on the month.
• The average house price slipped to GBP 274,251, with confidence hit by inflation uncertainty, mortgage cost expectations, and policy speculation.
• Budget-related rumours, including a lower threshold for the so-called Mansion Tax, risk stalling higher-value transactions.
• Quilter expects caution to persist until the Budget provides clearer signals on property taxation and the policy outlook.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quilter plc published the original content used to generate this news brief on October 01, 2026, and is solely responsible for the information contained therein.