Originally published by The Guardian View Original Article
UK house prices flatline as rising mortgage costs weigh on market

UK house prices flatline as rising mortgage costs weigh on market

Average cost of home in September was £298,441, says Lloyds – about the same as year earlier and in August

UK house prices flatlined in September, according to a leading index, as rising mortgage costs started to weigh on the market.

The average cost of a home was £298,441, roughly the same as it was a year earlier and in the previous month, according to the tracker from Lloyds previously known as the Halifax HPI.

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