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The average UK house prices have fallen by more than usual for the month of July, according to new figures. The typical asking price for new sellers dropped by 0.4 percent or £1,617 month-on-month in July, settling at £373,493, down from June’s figure of £375,110, Rightmove’s data shows. Tim Bannister, Rightmove’s director of property science said: “Three major uncertainties hanging over the property market at the start of the year were when the first interest rate cut would be, and the timing and the result of the General Election. “It’s very early days, but the new Chancellor’s immediate ann…

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