Summer is traditionally a quieter period for the UK property market, with school holidays, family commitments and overseas travel often causing buyers and sellers to put their plans on hold. This year, however, prolonged hot weather appears to have added to the seasonal slowdown.

The UK property market is showing signs of changing, with more family homes becoming affordable to households on average incomes. However, rising mortgage rates and ongoing financial uncertainty continue to influence how buyers, sellers and landlords approach their next move.

The UK property market continues to face a number of challenges, with mortgage costs, affordability, economic uncertainty and the overall cost of moving all influencing buyer and seller decisions.

The UK property market continues to experience changes, with prime property prices falling across London and several regional markets. However, there are signs that the pace of decline is slowing as sellers adjust their asking prices and buyers become more confident about negotiating.