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Rightmove welcomes “Your First Home” measures as new-build developments hit record low

PUBT·09/26/2026 21:46:42
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Rightmove welcomes “Your First Home” measures as new-build developments hit record low
  • Rightmove backed measures to help first-time buyers, citing tough conditions for developers.
  • Director of New Homes Alex Slater flagged a record-low pace of new build developments coming to market in H1 2026.
  • More than 50% fewer new developments joined than in H1 2019; total developments fell to 2,766, down 4% since end-2025.
  • Buyer demand ran 9% below last year; average asking price stood at £367,440.
  • Two-year fixed mortgage rate averaged 5.49% versus 4.53% a year earlier; Rightmove urged support to improve affordability and confidence.


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. Rightmove plc published the original content used to generate this news brief on September 26, 2026, and is solely responsible for the information contained therein.