UK house prices have hit another record high with the average property price reaching £299,138, Halifax has said.The UK's largest mortgage lender, part of Lloyds Banking Group, said property values recovered in January after seeing a slight dip in December.

LONDON (Reuters) -British house prices rose by more than expected in January, according to figures published by mortgage lender Halifax on Friday which suggested the housing market remained resilient despite affordability challenges.

There’s strong demand for new mortgages and growth in lending. With a stamp duty increase looming, some of this demand may have come from first-time buyers eager to complete transactions before the en

House prices in Yorkshire and Humber increased at the second-fastest rate in England last month, new analysis has revealed.

House prices climbed by 0.7% in monthly terms last month after falling by 0.2% in December, Halifax said, above a 0.2% increase forecast by economists in a Reuters poll.

Affordability is still a challenge for many would-be buyers, but the market’s resilience is noteworthy, Halifax said.

By Suban Abdulla LONDON (Reuters) -British house prices rose by more than expected last month as some buyers rushed to complete sales before an increase in property purchase taxes at the start of April,