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UK house prices jump by £3,575 in October as mortgage squeeze hits buyers

Rightmove reports a £3,575 rise in average asking prices for October, but the number of new buyers contacting agents is down 9 per cent year-on-year as higher mortgage rates stretch budgets.

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Rightmove reports a £3,575 rise in average asking prices for October, but the number of new buyers contacting agents is down 9 per cent year-on-year as higher mortgage rates stretch budgets.