UK house prices jump to new high as stamp duty rise looms, says Halifax

UK house prices jump to new high as stamp duty rise looms, says Halifax

Average property price increases by 0.7% in January to record £299,138 as market starts year ‘on positive note’

UK house prices bounced upwards in January to a new record as many buyers rushed to complete deals before a stamp duty increase this spring, according to one of the UK’s biggest mortgage lenders.

The average property price rose by 0.7% in January to a new high of £299,138 after dropping 0.2% in December, Halifax said.

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