News · 8 April 2026

How Middle East conflict is driving UK house price drop

Homebuyers face higher mortgage costs and reduced confidence about cuts to rates for this year. Average UK house prices saw a 0.5% drop in March, Halifax reported, reversing February's 0.3% increase. The Middle East conflict is blamed for this market slowdown, pushing typical two-year deals from 4.83% to 5.90% since early March.

By BriefTea Editorial · 8 April 2026 at 11:08

Reported by BBC · How we write briefs

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