Asking prices fall as UK housing market hit by budget speculation, Rightmove says

November drop of 1.8% is biggest for this time of year since 2012, with chancellor's plans looming

Budget speculation has depressed the UK property market, figures from a leading property website have suggested, with asking prices slipping in the run-up to Rachel Reeves's much anticipated fiscal set piece on 26 November.

The average new seller asking price fell by 1.8%, or 6,589, month on month in November, the figures collated by the property website Rightmove set out, taking the average price tag on a British home put up for sale to 364,833.