UK house prices fall at sharpest rate for 14 years, says Nationwide

Mortgage costs hit the highest level for 15 years in July as lenders grappled with inflation and uncertainty over rates set by the Bank of England. Mortgage rates have been rising following a succession of interest rate rises by the Bank of England to tackle stubbornly high inflation. Soaring food and energy bills have helped drive inflation up. So, as UK house prices are falling, why are home buyers still struggling?