House prices at record high, says UK’s biggest lender
by Jack Simpson from World news | The Guardian on (#6S1PC)
Reeves's budget could slow demand but prices have not fallen significantly since post-pandemic race for space'
The average price of a home in the UK is at a record high but demand could slow as a result of policies in Rachel Reeves's budget, Britain's biggest mortgage lender has said.
Halifax's monthly house price index found that the cost of the average home hit 293,999 in October, the highest ever recorded, outstripping the 293,507 reached in June 2022.
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