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Feb 26 Reuters UK39;s FTSE 100 edged lower on Monday as base metal miners lost ground on weak copper prices, while declines in homebuilders following the UK antitrust watchdog39;s investigation into the sector further pressured equities.

The resourceheavy FTSE 100 index was down 0.2 as of 0911 GMT, while the midcap FTSE 250 slipped 0.1.

Industrial metal miners fell 1.8, tracking declines in copper prices on the back of a firmer dollar and rising inventories in top consumer China.

Homebuilders lost 1 after the Competition and Markets Authority said Britain39;s housebuilding market has fundamental problems that are preventing more homes from being built as it launched an investigation to see if commercially sensitive information was being shared.

The problem has been around for years and successive governments have introduced schemes to boost the number of new homes and make them more affordable to firsttime buyers, said Stuart Cole, chief macro economist at Equiti Capital.

The fact the problem still exists after all these various measures meant it was becoming something of an albatross around the heads of governments and so the CMA finally acted.

Losses were limited as lender Standard Chartered gained 2.4, up for the third straight session, as at least three brokerages raised their price targets on the stock.

Waning bets of a…