Interest rate fears dampen UK house buying demand

Brits held off inquiring about buying new home s last month as fears over higher mortgage rates dampened the market. Housing demand dropped in September, according to a survey from the Royal Institution of Chartered Surveyors (RICS), which found that 22 per cent of property professionals saw buyer inquiries fall last month. That figure was up from 18 per cent in August. Agreed sales also slipped with 18 per cent per cent of professionals recording…