British house prices rose for a second month in September and enquiries from buyers picked up for the first time since February, suggesting the housing market has weathered the initial shock of the Brexit vote, a survey showed.

But prices in London fell again due to uncertainty about what the decision to leave the European Union means for the capital and its huge financial services industry, and the impact of a tax hike in April for landlords buying property.

The Royal Institution of Chartered Surveyors said its monthly house price index increased to +17 in September from +13 in August, moving further away from July’s three-year low of +5.

Reuters

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