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UK house prices jump as tax deadline looms, lender Halifax says

  • UK house prices increased by 0.7% in January, reaching an average of £299,138, according to the Halifax House Price Index.
  • Annual growth in house prices slowed to 3.0%, the slowest rate since last July, as reported by Halifax.
  • The Bank of England cut interest rates from 4.75% to 4.5%, with expectations of further reductions, as stated by Amanda Bryden.
  • First-Time buyers are eager to complete transactions before the end of stamp duty relief in April, according to Amanda Bryden.
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  • 61% of the sources are Center
61% Center
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