The growth rate for homes has slowed to 5.8% a year the slowest rate since August 2013 according to the Halifax house price index.
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Growing competition from lenders has seen more flexibility and choice for consumers and lower interest rates, says Moneyfacts.
Lending to first time buyers and home movers decreased in July and recovered in August despite fear of a crash after the Referendum.
Prices for luxury homes in London are expected to fall by 9% in a year due to stamp duty tax and EU referendum, says Savills.
Many London boroughs continue to see house price growth in double figures although the average rate is slowing.
The average price of £366,744 for properties closest to the UK’s top thirty schools is £53,426 more than the average for the country.
The latest report from Lloyds shows homeowners are now more optimistic that they will own their long-term home in two more moves.
The UK cities house price index from Hometrack shows growth in the north is taking the lead as London trails after Brexit uncertainty.
Data from the Council of Mortgage Lending show first time buyers are driving the market with lending up 25% to £5.5 billion over a year.
Homeowners have used equity release to withdraw a record £8.2 million of housing wealth per day or £0.5 billion each quarter.