UK house price growth slows in October ahead of stamp duty change which will ‘dampen demand’ says Nationwide

UK house price growth slowed down in October ahead of big stamp duty change, according to Nationwide.

The building society said that the stamp duty changes outlined in the Budget will “dampen demand”.

Nationwide said the average price of a property increased by just 0.1% last month – down from a growth of 0.7% in September.

The annual growth rate was 2.4% last month, easing back from a two-year high of 3.2% in September...