The mortgage lender said house prices had been 'largely flat' since June.
Mortgage rates have been rising for months but saw a sharp increase following the mini-budget last month.
"Predicting what happens next means making sense of the many variables now at play, and the housing market has consistently defied expectations in recent times," she added. On Thursday, the bosses of major UK banks met the Chancellor, Kwasi Kwarteng, and the latest developments in the mortgage market were discussed.
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