UK house price inflation fell in August according to the Office of the Deputy Prime Minister, giving further indications of a slowdown in the property market. Annual inflation fell to just 2.8 per cent in August, down from 4 per cent in July and 13.6 per cent a year ago. But

The Financial Times house price index, which offers a more current picture of the housing market, reported last Friday that this slowdown continued in September with inflation falling to its lowest level for more than nine years.