UK house prices fall as Iran war uncertainty dampens demand
Mortgage rates have been rising and hundreds of the cheapest deals have disappeared over the last month.
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Notable Quotes
"The recent slowdown in the housing market reflects the wide uncertainty regarding the conflict in the Middle East."
— Amanda Bryden , Executive
"The longer the ceasefire holds and markets calm, the more the mortgage market will stabilise, and rates could even begin to edge lower."
— Adam French , Executive
"House prices were likely to be 'choppy' from one month to the next, but 'the bigger picture is still one of modest stability'."
— Nicky Stevenson , Executive
"The outlook for inflation was 'possibly not as high' as it had been."
— Rachel Winter , Executive
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Mortgage rates have been rising and hundreds of the cheapest deals have disappeared over the last month.
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