UK housing

Prices rose by 0.8% year on year and fell 0.2% on the month, says Nationwide Building Society

Announcement comes at the start of Labour’s annual party conference in Liverpool

Property prices is expected to fall further over the next three months

Lloyds house price data showed a 0.4% annual drop in August

It risks undermining the UK’s aim of decarbonising the energy system

Rising service fees on apartments and a tight market for houses leave them stuck in place or falling behind

Shrinking demand and new supply are leading to lower occupancies and falling rental growth

Property guardianship, in which residents live in otherwise vacant buildings, used to be considered edgy. But more people are embracing the arrangement

That momentum is now set to fade, with traders betting that the Bank of England will raise interest rates