Average UK house price jumps by more than £2,200 in a month

Further rate cuts could fuel house price rises, says Halifax

The mortgage lender says lower borrowing costs could fuel a "modest" rise in house prices.

Halifax hands 'all' customers who have a mortgage £2,200 boost

The average house price in the UK is £291,268, up over £2,200 compared to the previous month, Halifax said this morning.

Average UK house price jumps by more than £2,200 in a month

The average UK house price was more than £2,200 higher in July than it was in June, following three relatively flat months, according to an index.

UK house prices surge to highest point since January to end months of stagnation after rate cut

Renewed momentum in the property market has seen UK house prices rise at the highest rate since January, ending a three-month spell of stagnation. House prices increased by 0.8 per cent in July, with the average property now costing £291,268, up from £289,042 in June, according to the Halifax house price index. This surge sets the annual growth rate at 2.3 per cent. This comes after the Bank of England cut interest rates last week, ending months…

UK house prices rise in July following Bank of England rate change

HOUSE prices rose by 0.8% in July following the Bank of England’s rate change, one of the UK’s biggest lenders has found. The housing market has been pretty stagnant through out the first half of the year, but there are signs that growth is picking up. PAThe BoE cut base rates last week[/caption] The average house price in the UK is £291,268, up over £2,200 compared to the previous month, Halifax said this morning. Northern Ireland recorded th…

UK House Prices Rise the Quickest Since January, Halifax Says

UK home prices resumed growth after a three-month lull, gaining at the strongest pace since January in a further sign that the market is coping with elevated interest rates, one of the nation’s biggest mortgage lenders said.