
House prices in London fell at their fastest rate since the start of the financial crisis last month
(Picture: Shutterstock / GagliardiImages)House prices fell at their fastest rate since the start of the financial crisis last month as the toxic fallout from Kwasi Kwarteng’s disastrous mini-Budget sent the property market plunging.
Latest figures from Britain’s biggest mortgage lender, Halifax, showed that the average cost of a home in Britain dropped 2.3 per cent last month, the third consecutive monthly decline and the biggest since October 2008.