UK house price growth slows as buyers ‘sit on sidelines’ before budget

Amid talk of property taxes, average price of home rose by 0.3% in October to £272,226, Nationwide saysBusiness live – latest updatesBritish house price growth slowed in October, according to lending data, with analysts suggesting that buyers are “sitting on the sidelines” before a budget that may bring new property taxes.The average house price rose by 0.3% month on month in October, Nationwide said, down from 0.5% in September. The average price of a home was £272,226, up from £271,995 in September. Continue reading...