UK homebuilders fall as property prices stagnate ahead of budget

Bellway

20/10/2025 10:17

** British homebuilders index .FTNMX402020 down 1.7% after a survey by property website Rightmove showed that asking prices for British homes barely rose in the autumn sales period

   ** Survey shows that average asking prices rose by 0.3% in the four-week period ended October 11, well below a long-run average of 1.1% for the same period

** Colleen Babcock, property expert at Rightmove says speculation that the UK's upcoming budget in November may increase the cost of buying or owning a property has given movers a reason to wait

** UK homebuilder Persimmon  PSN.L down 1.96%, top loser on London's FTSE 100 .FTSE, Barratt Redrow BTRW.L down 1.79%, among top losers

** Bellway BWY.L down 1.87%, Vistry  VTYV.L down 1.57%, Taylor Wimpey TW.L down 1.93%, Berkeley Group Holding  BKGH.L down 1.4%

** Sub-index .FTNMX402020 down 6.48%, YTD

 (Reporting by Simone Lobo in Bengaluru)

 ((((Simone.Lobo@thomsonreuters.com; +919920570373;))