Price of typical UK home increased by 0.9% in March, but surging mortgage rates amid conflict in Middle East is expected to put break on activity
UK house prices increased at the fastest rate in almost 18 months in March, although surging mortgage rates amid the Iran war is 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.
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