# UK house prices grow at slowest pace in two years as mortgage rates rise

https://mins.news/en/item/122123

- The Guardian, 2026-10-30 09:05 UTC
- Economy
- Original: https://www.theguardian.com/business/2026/oct/30/uk-house-prices-grow-at-slowest-pace-in-two-years-as-mortgage-rates-rise

> UK house prices rose just 0.5% year on year in October, the slowest growth in more than two years, with the average price at £273,566 and unchanged from September, Nationwide said. Higher mortgage costs are deterring buyers, and analysts expect prices to fall further or remain subdued.
