UK house prices jump to new high as stamp duty rise looms, says Halifax
by Jasper Jolly from World news | The Guardian on (#6V46Z)
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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