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Get the free app no ads · no paywallNews · 8 April 2026
Photo by Julio César Mercado on Unsplash
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.
Reported by BBC · How we write briefs
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