UK house prices grew slightly in June but fell at the fastest rate since 2009, impacted by soaring mortgage costs, with two-year fixed-rate mortgage rates climbing past six per cent.

British house prices registered the most widespread falls in 13 years last month as buyer demand and sales activity weakened more sharply than expected in the face of higher borrowing costs and the risk of a recession, a survey showed on Thursday.

Britain saw the most widespread house price falls since early in the COVID-19 pandemic last month, as demand from buyers and sales activity slowed in the face of higher borrowing costs, a survey showed on Thursday.

British house prices will fall in 2023, putting an end to years of bumper rises, but a large crash was unlikely despite the cost of living crisis and increased borrowing costs putting a lid on buyers' ability to fund purchases, a Reuters poll found.

Asking prices for British residential properties are dropping and there are signs that the fallout from the "mini-budget" bond market rout is weighing on first-time buyers, property website Rightmove said on Monday.

British finance minister Kwasi Kwarteng refused to say on Thursday if he would stick with his plan not to raise business taxes as media reported Prime Minister Liz Truss was rethinking an economic programme that plunged markets into turmoil.

British house prices rose last month at their slowest pace since early in the coronavirus crisis and they look on course to fall as a surge in mortgage costs adds to uncertainty about the economy for home-buyers, a survey showed on Thursday.

British house prices rose at their slowest pace in more than a year last month as buyer demand softened slightly although the overall breadth of price increases remained well above pre-pandemic levels, a survey showed on Thursday.

Biggest price cuts are in Knightsbridge, where sellers have sliced an average of £927,188 off asking prices.

RICS data shows house prices to fall in the capital and the south-east next year and drop could spark nationwide fall.

House prices grow 3.9% in the year to November, as annual rate of growth drops for the first time since July.

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Royal Institution of Chartered Surveyors says its house price balance was unchanged at +6 during September.

RICS survey shows steady growth in most regions, but London and the South East suffer slowdown.

New report shows house prices recorded the first quarterly increase since March in the three months to August.

Rics monthly house price balance falls to +1 in July from +7 in June.

Some 2% more chartered surveyors reported a fall in demand in the second quarter.

Prices increased 0.1% between June and July, Rightmove says.

Some 7% more estate agents reported higher house prices last month, down from 17% in May.

Some 17% more chartered surveyors report higher house prices in May, down from 22% in April.

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Some 22% more chartered surveyors report higher house prices in April, unchanged from March.

Lack of supply of new homes propping up prices, Rics survey suggests.

Loss of EU workers could jeopardise key infrastructure projects, according to surveyors.

The increase in rent expectations comes as the number of new houses put up on rent declined.

Rics survey suggests rents could see a cumulative increase of over 25% in the next 5 years.

Rics survey shows rent and price pressures spreading from expensive parts of the housing market.

Buyers in the capital struggle to afford ever higher house prices in London compared to the rest of Britain.

Royal Institution of Chartered Surveyors releases predictions for UK housing.

Rics survey in November 2016 shows rising demand putting pressure on house prices as supply stalls.