House prices rise at slowest rate in six years as Brexit hits growth

London has biggest slump in a decade but Midlands and north-west race ahead

House prices across Britain have increased at their slowest rate for more than six years, with London experiencing its biggest slump in a decade as Brexit concerns drag on growth.

The Office for National Statistics said average house prices in the UK rose by 0.6% in the year to February, the lowest rate of growth since September 2012, and down from a rate of 1.7% in January.

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