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Sharon White stepping down from John Lewis; UK house prices fall at fastest rate since 2009 – business live

Rolling coverage of the latest economic and financial news, as Nationwide reports UK house prices fell 5.3% in year to September

  • Full story: UK house prices drop 5.3% with falls in every region, says Nationwide

In the last quarter, flats saw the largest year-on-year fall (-5.7%), compared to -3.6% for detached gomes, -4.6% for semi-detached and -5.3% for terraced properties, Nationwide reports.

That’s despite transaction volumes for flats holding up better than other property types.

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