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Get the free app no ads · no paywallNews · 30 June 2026
Approximately 60% of properties advertised for sale since January have not yet been purchased, with elevated mortgage interest rates impeding prospective buyers. This lack of buyer demand has pushed agreed sales down 7% compared to last year across the UK. First-time buyers are feeling it most, with average mortgage costs in London up £232 a month.
Reported by BBC · How we write briefs
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