According to Halifax, house prices are now increasing at around half the yearly rate they were six months ago, with property values in September were up by 5.8% annually, compared with a 10% rate of annual price growth recorded in March, just six months earlier.

Similarly, on a quarterly basis, house prices in the three months to September were 0.1% lower than they were between April and June. This was the weakest quarterly rate of change seen since November 2012.

House price slowdown: Cost of property rising more slowly than six months ago – Express.co.uk