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UK home asking-price cuts in September

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Where it stands

Rightmove reported that more than 3,000 British properties a day had their asking prices cut on average in September 2026, the highest monthly number in 15 years. Sellers faced squeezed buyer mortgage budgets and competition, while buyers had more negotiating room; the figures do not establish that ownership became more affordable.

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Story trackerDay 1

1 report15 outlets21 sources

The story so far

  1. Update 1

    Britain’s sellers cut home asking prices, but buyers’ budgets shrink too

    September brought the largest monthly number of asking-price cuts in 15 years. Buyers have more room to negotiate, but rising mortgage costs limit what they can pay.

History

  1. Opened1 report

Who's involved

People

  • Katie GriffinCanadian voice actress1 report

Organizations

  • RightmoveUK-based company that runs the UK's largest online real estate portal and property website1 report
  • ZooplaBritish real estate company1 report

Places

  • BlackpoolBlackpool, UK1 report
  • LondonLondon, UK1 report
  • ScotlandScotland, UK1 report
  • United KingdomUnited Kingdom1 report

Every outlet we read on this story

21 sources15 outlets1 wire copy