Lower mortgage rates lead to increased buyer and seller confidence, says Halifax
Larry Elliott: talk of a property boom is prematureBusiness live – latest updates
UK house prices rose 2.5% in the year to January, recording the biggest increase since January last year, as lower mortgage rates and fading inflationary pressures led to increased buyer and seller confidence, Halifax has said.
January marked the fourth consecutive monthly rise, with a 1.3% uplift on December, the UK’s biggest mortgage lender said, with the average home costing £291,000, £3,900 more than in December.
More Stories
Aston Martin limits exports to US because of Trump tariffs
TikTok fined €530m by Irish regulator for failing to guarantee China would not access user data
Liberal-aligned thinktank running anti-Greens ads received $600,000 from coal industry in Queensland election