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British house price growth slows in July - Nationwide
<p><a href="http://news.yahoo.com/british-house-price-growth-slows-july-nationwide-061852708--business.html"><img src="http://l.yimg.com/bt/api/res/1.2/34vVplX_at3dHmUL_h5ONQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-07-31T061852Z_1_LYNXMPEA6U05N_RTROPTP_2_BRITAIN-ECONOMY-NATIONWIDE.JPG" width="130" height="86" alt="Estate agents boards are lined up outside houses in south London" align="left" title="Estate agents boards are lined up outside houses in south London" border="0" /></a>By Andy Bruce LONDON (Reuters) - British house prices stagnated in July after strong growth last month, cooled by tougher checks on mortgage lending, a survey from lender Nationwide showed on Thursday. House prices gained just 0.1 percent month-on-month, the slowest pace since April last year and down from 1.0 percent in June. The survey is the latest to suggest rampant house price growth has started to ease. "At least part of the slowdown in activity relates to the introduction of Mortgage Market Review measures," said Nationwide chief economist Robert Gardner, referring to tougher checks on mortgage affordability introduced in April.</p><br clear="all"/>


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