{
  "id": 8813003,
  "title": "UK property asking prices rise for first time since May",
  "url": "https://urgent.news/2026/09/21/uk-property-asking-prices-rise-for-first-time-since-may",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-21T01:05:02.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/property/2026/09/1537282/uk-property-asking-prices-rise-first-time-may"
  },
  "original_language": "en",
  "account": "British property sellers have raised the asking prices for their homes for the first time since May, according to real estate website Rightmove. Prices for sold properties increased by 0.7% between August 9 and September 12, which is a larger monthly rise than the usual average for this time of year. This follows a two percent drop in prices over the previous four weeks. Rightmove reported that asking prices were 0.8% lower than a year ago, following a 1.0% annual decline in their August report. There were more homes available for purchase, hitting a 12-year high. However, the number of buyer enquiries was 9.0% lower than this time last year. Rightmove's property expert, Colleen Babcock, noted that the above-average price rise in September is a positive sign of confidence after a particularly subdued summer. Yet, she emphasized that it should be seen as a modest recovery. Additionally, the average two-year fixed mortgage interest rate rose to 5.29% from 5.09%, and there are no signs of an end to the ongoing Iran war, which has contributed to higher borrowing costs.",
  "summary": "LONDON: British property sellers have increased the prices they want for their homes for the first time since May, real estate website Rightmove said on Monday.",
  "key_points": [
    "UK property asking prices rise 0.7% in September",
    "Prices up 0.8% from a year ago, 1.0% annual decline",
    "Buyer enquiries down 9% from last year"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}