UK house prices grow at slowest pace in two years as mortgage rates rise

Average price for property stands at £273,566 in October, flat on previous month, says Nationwide Business live – latest updates UK house prices grew by an annual rate of just 0.

5% in October, the slowest pace in more than two years, as higher mortgage rates put off potential buyers. The average price for a property in the UK stood at £273,566 in October, flat on the previous month and down from 0. 8% in the year to…