UK house prices hit record high despite mortgage rate fears
UK house prices climbed to a record of £301 151 in February, marking a fresh high as property values continued rising despite growing concerns about higher mortgage rates. The latest house price index from Halifax reported a 0. 3 per cent monthly increase in property values, building on the 0. 8 per cent rise recorded in January. On an annual basis, prices increased by 1. Amanda Bryden, head of mortgages at Halifax, said: "Since the start of the year, average prices have increased
UK house prices climbed to a record of £301 151 in February, marking a fresh high as property values continued rising despite growing concerns about higher mortgage rates. The latest house price index from Halifax reported a 0. 3 per cent monthly increase in property values, building on the 0. 8 per cent rise recorded in January. On an annual basis, prices increased by 1. Amanda Bryden, head of mortgages at Halifax, said: "Since the start of the year, average prices have increased
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