BUSINESSJun 5 · 07:27 UTCTHE GUARDIAN WORLDMark Sweney

UK house prices fall for third successive month amid Iran war uncertainty

UK house prices fell by 0.1% in May to £298,806, marking the third consecutive monthly decline. The drop is attributed to rising mortgage rates driven by uncertainty from the war in Iran, which has reduced homebuyer demand and affordability.

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