North-South house price divide set to reverse as property values rise faster in northern England, Wales and Scotland than in London
House prices are growing at the slowest annual pace in more than five years, as uncertainty about the economy and squeezed household budgets dampen demand, mortgage lender Nationwide has said.
Growth fell from 2% in September to 1.6% in October, far below the 2%-3% range recorded over the previous 12 months.
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