The latest Lloyds House Price Index, published on 7 July 2026, shows that UK house prices increased during June, marking the first monthly rise in four months.
Key figures to note from the June House Price Index:
- Average UK house price: £299,330
- Monthly change: +0.2%
- Quarterly change: -0.4%
- Annual change: +0.6%
- Trend: Northern Ireland recorded the strongest annual house price growth at 7.4%
The figures suggest that the housing market is beginning to find greater stability after a period of subdued activity. Although affordability challenges continue to weigh on buyer demand, easing mortgage rates are providing some encouragement to those considering a move.
What does this mean for conveyancers?
Commenting on the latest figures, Rob Gurney, Managing Director at Ochresoft, said:
“While the increase in house prices is modest, the latest Lloyds figures suggest the market is showing signs of stability after a period of uncertainty. For conveyancers, that is likely to be a positive signal, as greater confidence among buyers and sellers can help support transaction activity. However, affordability remains a challenge, meaning firms will need to continue delivering an efficient and responsive service to meet client expectations in what remains a cautious market.”
Looking ahead
The June figures do not point to a rapidly accelerating housing market, but they do suggest that conditions may be improving. Lloyds expects the market to continue moving at a measured pace, with future house price growth dependent on inflation easing further and household confidence continuing to improve.
The next Lloyds House Price Index is scheduled to release on Friday 7th August.
