UK House Prices Experience Biggest Monthly Rise in Over a Year Despite Ongoing Challenges
With the shortage of available properties in the UK market, the house prices saw a 0.9% increase in the month of October.
Mortgage Rate Crunch & Challenges in UK Property Market
The article reveals a significant upheaval in the UK property market as rising mortgage rates, resulting in a £15bn annual drain on landlords, pose challenges and potential sell-off trends, reshaping the landscape for property investors and tenants.