Saving the deposit for a new home has never been harder, Nationwide has said, with house prices having rise by 13% since the start of the pandemic.
Nationwide said the average price was now £248,857. Even though growth slowed a little last month at 10%, the average house was worth £150 more in September than it was the month before.
It is the fifth month in a row of double-digit annual house price growth. Nationwide’s data is largely in line with what other reports have shown: prices still rising but not as fast.
