Price of typical UK home increased by 0.9% in March but surging mortgage rates expected to put brake on activityBusiness live – latest updatesUK house prices increased at the fastest rate in almost 18 months in March, although surging mortgage rates amid the Iran war are likely to lead to a market slowdown, according to Nationwide.The UK’s biggest building society said the price of a typical UK home increased by 0.9% month on month in March, the largest increase since December 2024. Continue reading...
Price of typical UK home increased by 0.9% in March but surging mortgage rates expected to put brake on activity
UK house prices increased at the fastest rate in almost 18 months in March, although surging mortgage rates amid the Iran war are likely to lead to a market slowdown, according to Nationwide.
The UK’s biggest building society said the price of a typical UK home increased by 0.9% month on month in March, the largest increase since December 2024.
Continue reading...
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