Quilter says UK housing market remains vulnerable to external shocks despite June price gains

• Quilter flagged a UK housing market that edged up in June, with prices up 0.1% m/m, 2% y/y, average value GBP 272,000.
• Mortgage pricing improved as lenders competed harder, supporting demand despite a weak economic backdrop.
• Geopolitical tensions lifted the energy price cap 13% in July, pushing inflation to almost 3%, complicating the rate outlook.
• Bank of England caution could persist; a rate rise remains possible, limiting scope for near-term mortgage cost relief.
• Mortgage rates remain the key driver; easing supports activity, while higher borrowing costs risk stalling momentum.

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 August 19, 2026, and is solely responsible for the information contained therein.