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The Guardian - UK
The Guardian - UK
Business
Lauren Almeida

July yields fastest rate of UK house price rises this year, says lender

Halifax United Kingdom
A sold sign outside cottages
Halifax expects house prices to have ‘modest gains’ throughout the rest of the year. Photograph: Maureen McLean/Rex/Shutterstock

UK house prices rose at the fastest monthly rate this year in July as mortgage rates eased and banks offered bigger home loans, according to the lender Halifax.

The average property price grew by 0.4% in July to £298,237, Halifax found, ahead of an expected 0.3% rise.

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