Uncertainty in the economy, as well as a squeeze on
household budgets, is keeping potential buyers out of the housing market, a
lender has said. The Nationwide Building Society said that demand from buyers
was "subdued" and unlikely to pick up soon. UK house prices had risen
by 1.9% in the year to November, it said, with the average value of a home now
at £214,044. Analysts said Brexit uncertainty was also making buyers cautious. The
Nationwide said that the annual property prices increase had accelerated
compared to the 1.6% rise in October, which had been a five-year low. Read more
on the BBC website.
Too many buildings remain unsafe after Grenfell disaster, housing minister
warns
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Wajid Khan tells House of Lords remediation work is yet to start on half of
properties with unsafe cladding
Far too many high and medium-rise buildings a...
13 hours ago
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