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The Guardian - UK
The Guardian - UK
Business
Richard Partington Senior economics correspondent

Half of homes in Great Britain taking longer to sell than last year amid mortgage volatility

'For sale' estate agency sign on street of houses
The national average time to sell a home is 42 days. Photograph: William Barton/Alamy

Half of homes in Great Britain are taking longer to sell than last year as volatile conditions in the mortgage market amid the Iran war prompt buyers to “wait and see” if they can get a better deal, according to a report.

As the Middle East conflict continues to unfold, the property platform Zoopla said homes in 180 out of 363 local authorities in England, Scotland and Wales were taking longer to sell compared with a year ago.

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