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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff

UK house prices rise again as easing of mortgage rates tempts more buyers

United Kingdom Halifax Kim Kinnaird
Family homes on a newly built housing estate.
UK house prices have been underpinned by a shortage of properties on the market over the past year. Photograph: matthewleesdixon/Getty Images/iStockphoto

UK house prices rose for the second month in a row in November, according to a leading index, as a slight easing in mortgage rates helped coax more buyers into the market.

The average price of a UK property rose by £1,394 – or 0.5% – last month to £283,615, according to the mortgage lender Halifax.

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