Buyer’s market fuels fastest fall in UK house prices in 14 years
by Mark Sweney from World news | The Guardian on (#6FBMH)
High mortgage costs result in sixth straight month of sellers being forced to reduce prices, says Halifax
UK 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...