18 Hrs
Source:
The Guardian
UK house prices stagnate amid mortgage rise
UK house prices remained flat in September, with the average price of a home at £298,441, unchanged from the previous year and month. Rising mortgage costs and economic uncertainty have suppressed market activity, leading to a decline in mortgage applications and increased affordability challenges for buyers. Despite some resilience, the market faces ongoing pressure from higher borrowing costs and geopolitical tensions.
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