House prices have fallen at the sharpest rate in a decade - with £16,000 wiped off the typical home in just six months, figures show.
Property values dropped 1.1 per cent in the year to February, the biggest dip since November 2012, Nationwide Building Society said.
It is the first time annual property prices have declined since June 2020,during the Covid pandemic, when they fell by 0.1 per cent.