House prices in the UK hit two-year high, says Halifax
Source: BBC
House prices in the UK reached a two-year high in August and the recent interest rate cut has increased confidence among homebuyers, the UK's largest mortgage lender has said.Halifax said prices last month were up 4.3% compared to last year, taking the average cost of a UK property to £292,505.The lender, which is owned by Lloyds Banking Group, said that buyers have been boosted after the Bank of England reduced…
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