UK house price growth picks up speed despite economic uncertainty

Properties are becoming more affordable but economic uncertainty is still putting buyers off, say experts

House price growth in the UK has picked up despite continued economic and political uncertainty, but remains far below the levels seen before the EU referendum.

The average price of a home rose by 0.5% in November to 215,734, according to Nationwide building society. This is the biggest monthly rise since July 2018, and up from 0.2% in October. The annual growth rate picked up to 0.8% from 0.4%, the highest since April.