UK house prices rise in June

A shley Webb from Capital Economics said: “If the recent fall back in swap rates, and therefore mortgage rates, is sustained, we expect house price growth to pick up again later this year.”

Ashley Webb, senior UK economist at Capital Economics, said the rise in mortgage rates triggered by the Iran war continued to weigh on the housing market, meaning prices were expected to do “little...

Ashley Webb, at the consultancy Capital Economics, said the inevitable rise in CPI inflation over the coming months, as higher energy prices fed through to consumers, would be “a big test of nerve”...