October house prices have increased by 1.3% to reverse falls seen in the previous two months, with the average house now costing £157,107, according to the latest Nationwide report.
UK house prices fell by 0.2% in September while the annual rate of house price growth is 1.8%, the lowest since May 1996, according to a report by Nationwide.
Mortgage consumers have paid over £1bn in unnecessary higher lending charges over the last five years, according to Nationwide Building Society.
Consumer confidence has stabilised in the last month research released today reveals.
House price inflation has slowed to its lowest rate since 1996 according to the latest figures from Nationwide.
Annual house price growth has slowed to just 4.1% - its slowest rate since 1996 - according to the latest Nationwide House Price Index.
Further pressure is mounting on the Bank of England not to raise the base rate, with Nationwide claiming that consumer confidence is likely to have a big impact on the Monetary Policy Committee's (MpC) decision.
House prices have remained virtually unchanged, increasing by an imperceptible 0.3% in May, claims the latest Nationwide House Price Index.
NATIONWIDE BUILDING SOCIETY has warned the mortgage market will shrink by nearly a third this year at the same time as it sharply cut its house price growth forecast, reports this morning's Daily Telegraph .
House prices increased 0.9% in April and reversed the fall in prices in March, the latest Nationwide house price index has revealed.