House prices fell in January, says Nationwide

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Mortgage lender registers first drop since June last year as stamp duty holiday nears end

House prices have fallen month on month for the first time since the 2020 spring lockdown, according to the latest survey from the Nationwide.

The mortgage lender said that house prices dipped by 0.3% in January, after six solid months of increases since lockdown restrictions were eased at the end of June.

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