Friday, 30 October 2026

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Business

UK house prices grow at slowest pace in two years as mortgage rates rise

Sluggish growth of 0.5% in October comes as higher borrowing costs put break on marketUK house prices grew by an annual rate of just 0.5% in October, the slowest pace in more than two years, as higher mortgage rates put off potential buyers.The average price for a property in the UK stood at £273,566 in October, flat on the previous…

Sluggish growth of 0.5% in October comes as higher borrowing costs put break on marketUK house prices grew by an annual rate of just 0.5% in October, the slowest pace in more than two years, as higher mortgage rates put off potential buyers.The average price for a property in the UK stood at £273,566 in October, flat on the previous…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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