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Drop in March leaves average price of home at £288,430, says HalifaxBusiness live – latest updatesUK house prices fell in March for the first time in six months as more costly mortgage deals and continued uncertainty about when the Bank of England would start cutting interest rates hit the property market.House prices fell by 1%, or £2,908, in March compared with February, according to...

Halifax says prices grew by 1.7% on an annual basis with the average UK house now costing £291,699Business live – news and updatesCornish village where 52% of houses are not first homesThe average UK house price is now just £1,800 off the peak seen in June 2022 after it increased by 0.4% in February, marking the fifth monthly rise in a row, according to...

The Guardian and Mission Local unravel ‘grey money’ network flooding progressive city with conservative cashIn a way, it’s a story as old as time: ultra-wealthy figures pouring a flood of money into city politics in an effort to shape the way it is run.Still, the political-influence machine that tech billionaires and venture capitalists have recently built in San Francisco stands out for its size...

Growth rates driven by shortage of properties on market, says Halifax, with average house worth £287,105UK homeowners face £19bn rise in mortgage costsUK homeowners fear 2024 mortgage timebombBusiness live – latest updatesUK house prices rose for a third consecutive month in December amid a shortage of properties on the market, but are forecast to drop this year, according to Halifax.Britain’s biggest mortgage lender, which...

Property market weak, says Nationwide, which expects prices to remain flat or drop slightly in 2024Business live – latest updates UK house prices fell by 1.8% during 2023, according to the closely watched Nationwide house price index, with activity in the property market described as weak throughout the year.Nationwide put the fall down to higher mortgage borrowing costs, which have remained more than three...