UK house prices fall in October amid political turmoil        

The average value of a home in the UK dropped 0.9% to £268,282, Nationwide Building Society has said

UK house prices last month fell the most since the start of the pandemic as political and market turmoil sent shock waves through the British property market.

The average value of a home dropped 0.9% to £268,282, Nationwide Building Society has said. It was the largest decline since June 2020 and much sharper than the 0.3% reduction that economists had expected.