House prices fell in the year to August in the first annual decrease in nearly three years, as high interest rates cause buyers to “sit tight”.

House prices fell in the year to August in the first annual decrease in nearly three years, as high interest rates cause buyers to “sit tight”.

Jump to contentAllNewsSportCultureLifestyleAverage UK house price fell annually by 0.4 per cent (AFP/Getty)The average UK house price fell annually by 0.4 per cent in August to…