House prices record first annual fall since 2023 as mortgage rates remain high

Andrew Asaam, mortgages director at Lloyds, says that sellers are stubbornly holding out rather than cutting their asking prices, which means fewer homes are changing hands.

​  Andrew Asaam, mortgages director at Lloyds, says that sellers are stubbornly holding out rather than cutting their asking prices, which means fewer homes are changing hands.  

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Andrew Asaam, mortgages director at Lloyds, says that sellers are stubbornly holding out rather than cutting their asking prices, which means fewer homes are changing hands.