UK house prices increased by 0.8% in July, and lower mortgage rates are expected to lead to continued growth throughout the rest of the year, according to the mortgage lender Halifax. The average house price in the UK across July was £291,268, a 0.8% rise on the £289,042 recorded in June. It marks a significant uptick after three subdued months, during which there were rises of between 0.1% and 0.2%.The annual growth rate rose to 2.3%, the highest since January this year.

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BBC News

United Kingdom

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.

Ad Fontes Media

All Sides

Media Bias/Fact Check

Government of the United Kingdom

Halifax said it expects house prices ‘to continue a modest upward trend throughout the remainder of this year’.

The Independent

Evgeny Lebedev

London

Greater London

England

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

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…

The Sun

Murdoch family

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

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.

Shropshire Star

MNA Media

Ketley

Shropshire

Evening Standard

Alfred Harmsworth (barrister)

Geraldine Mary Harmsworth

Patricia Harmsworth, Viscountess Rothermere

Carron Greig

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.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

United States

UK House Prices Rise the Quickest Since January, Halifax Says

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

Birmingham Mail

Reach plc

Birmingham

West Midlands

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

The average house price in Scotland has increased to £205,264.

Scotland

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…

City AM

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

PA Wire/PA Images – John Giles 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. Halifax said house prices increased by 0.8% month on month and by 2.3% annually. Across the UK, the average house price in July was £291,268, up from £289,042 in June. The Bank of England base rate was cut from 5.25% to 5% last week, in a move which property professional…

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

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