UK house prices fall at steepest rate in more than three years

October drop of 0.6% leaves average price of property at £296,285, says Lloyds, as high mortgage rates hit marketBusiness live - latest updatesUK house prices fell at the steepest rate in more than three years in October, marking the fourth consecutive monthly decline, as high mortgage rates hit the housing market.The average price of a typical UK property stood at £296,285 last month as prices unexpectedly dropped 0.6% compared with September, the steepest fall since the lender Lloyds recorde...