Average price of home rose 0.2% month on month in August to £275,465 as market awaits interest rate vote

• Houses near top state secondary schools ‘cost £40,000 more’

UK house prices increased for the first time in four months in August, according to a leading index, as buyers and sellers remained in a “holding pattern” before an expected increase in interest rates later this year.

The average price of a British home rose 0.2% month on month in August to £275,465, the first increase since April, according to Nationwide. Analysts had forecast a 0.1% rise.

FCA chief, Nikhil Rathi, warned of ‘adverse consequences’ if challenge made to settlement, court filings allege

The boss of the UK’s financial regulator is accused of threatening a consumer group with “adverse consequences” if it blocked a £9.1bn compensation scheme meant to settle the motor finance scandal.

Legal documents reviewed by the Guardian said the alleged comments by the Financial Conduct Authority (FCA) chief executive, Nikhil Rathi, amounted to “an inappropriate intervention by a public official”.

Savings grow as energy prices in Great Britain rise and cost of panel installation falls, analysis finds

Households in Great Britain’s cloudiest regions could still save more than £400 a year on their energy bills by installing rooftop solar panels, research has found.

Rising wholesale energy prices mean the potential savings from a home solar panel system have climbed in recent years, as the cost of installation has continued to fall, leading to increased demand.

Exclusive: FCA pressures firms to do more to sort 760,000 accounts as watchdog urges families to use free tracking service

Child trust fund providers are being put under the spotlight to check they are treating savers fairly and doing all they can to reunite young people with lost accounts.

The Financial Conduct Authority (FCA) said about 760,000 accounts worth an average of £2,000 were yet to be claimed – more than £1.5bn in total – as it launched a review of the market.

Premium of nearly 10% paid by housebuyers comparable with cost of a cheaper private school over seven years

A house near a top state secondary school costs an extra £40,000 on average, according to research that reveals education premiums that rank alongside some private school fees.

The average property in a postcode district that includes a top 50 state secondary commands a price tag of £415,791, compared with £375,217 across the wider local authority areas in which those schools are located, a UK-wide analysis by the estate agent Yopa found.