Property prices slow to 0.2% in September

Money news and Property prices slow to 0.2% in September UK house price growth "almost ground to a halt" year to year in September, with property prices 0.2% higher, the Nationwide has said. The country’s biggest building society also said that prices fell by 0.2% compared with August, according to figures based on its own mortgage data as a major lender. The average home was now valued at £215,352, it said. The Chancellor, Sajid Javid announced that the National Living Wage will rise to £10.50 within the next five years. He will also lower the age threshold for those who qualify from 25 to 21. Speaking at the Tory Party Conference, Mr Javid said the policy would "help the next generation of go-getters to get ahead".