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Home buyers being more cautious amid mortgage rate hikes, property experts say

UK mortgage approvals fell to 54,900 in August as higher fixed rates and cautious buyers slowed the housing market, HMRC figures showed.

Summary by The Independent
Figures released on Wednesday showed home sales fell in August compared with the previous month and a year earlier.

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The Independent broke the news in London, United Kingdom on Wednesday, September 30, 2026.
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