UK house prices rise in June despite ‘wider economic uncertainty’ – business live

Rolling coverage of the latest economic and financial news Tom Bill , head of UK residential research at the estate agent Knight Frank , says that house prices are “going sideways” as a result of higher mortgage rates since the start of the war in the Middle East. The good news is that geopolitical risks are subsiding as both sides move gradually towards a ceasefire and mortgages are edging lower. The bad news is that domestic political risks are rising and various trial balloons about changes to property taxation are being floated for the third consecutive year, which will keep a lid on activ

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