High mortgage costs result in sixth straight month of sellers being forced to reduce prices, says HalifaxBusiness live – latest updatesUK house prices fell at the fastest annual rate in 14 years in September, as high mortgage costs fuelled a sixth consecutive drop in a “buyer’s market”, according to Halifax.Halifax, Britain’s biggest mortgage lender, said prices fell by 4.7% in September, the biggest year-on-year decrease since 2009. Continue reading…
Source : theguardian.com
Read more…Buyer’s market fuels fastest fall in UK house prices in 14 years