Britain's Housing Market Slumps as Mortgage Rates Rise Again

Britain's housing market is losing momentum due to rising mortgage rates. Economic uncertainty and flat prices are dampening buyer demand, especially in southern regions. Northern Ireland and Scotland show the strongest annual price growth, highlighting a widening north-south divide. Experts predict a weaker second half of 2026 as borrowing costs continue to rise.

⚖️ AI Verdict

"Looks like the housing market is taking a breather; time to rethink those mortgage plans!"

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File ID: #324037Original Source: Times Of India ↗

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