UK house prices fall amid no-deal Brexit fears

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Nationwide says prices in London dropped at an annual rate of 1.7% in September

House prices in Britain unexpectedly fell last month amid mounting fears over the impact of no-deal Brexit on the property market.

According to the latest snapshot from the Nationwide building society, prices fell in September by 0.2%, pulling down the average price of a home to £215,352 from £216,096 in August. Economists polled by Reuters had forecast a 0.1% rise on the month.

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Author: Richard Partington

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