House prices suffer biggest August slump in eight years

House prices in the UK have suffered their biggest August drop since 2018, as a usually quiet period for the property market is stifled further by fears of Budget tax rises. The average house price slumped by two per cent this month to £364,999, according to property portal Rightmove. House prices are down one per…

The number of available homes for sale is also at a 12-year high for this time of year