British house price growth eased to a three-month low in August, adding to signs that the squeeze on household spending since last year's Brexit vote has led to a slowdown in the housing market, according to a new survey today.

Mortgage lender Nationwide said house prices rose 2.1% year-on-year in August, slowing from 2.9% in July and matching May's four-year low.

A Reuters poll of economists had pointed to annual growth of 2.5%.

House prices slipped 0.1% in August compared with the previous month, after rising 0.2% in July.