House prices grew at the fastest annual pace for two years in November, according to the latest survey from Nationwide. The lender said the price of a typical UK home rose by 3.7% last month compared to a year earlier, with property values close to a record high.

UK house prices rose by the most since March 2022, according to one of the country’s largest mortgage lenders, as a strong jobs market and wage gains continued to support buyers’ interest.

With stamp duty set to return to its previous levels next spring, first-time buyers in England and Northern Ireland will see the temporary "nil rate" threshold revert to £300,000 from the current £425,

British house prices rose in November at the fastest annual pace since November 2022, according to data from mortgage lender Nationwide on Monday that added to signs of resilience in the property sector despite higher borrowing costs.

UK house prices surprisingly jumped more than expected in November and at the fastest rate in two years, driven by strong wage growth and declining mortgage rates, according to the Nationwide.  The average prices of a house sold in November rose 1.

House prices in the UK rose sharply in November, now just 1% below their record high, according to Nationwide. The building society reported a 1.2% month-on-month increase, the steepest rise since March 2022.

British house prices rose at their fastest annual pace in two years in November, adding to signs of resilience in the property market despite high borrowing costs, data from mortgage lender Nationwide showed on Monday.

LONDON (Reuters) - British house prices rose by 1.2% in November from October, mortgage lender Nationwide said on Monday. A Reuters poll of economists had forecast prices would rise by 0.2% on a monthly basis. Copyright 2024 Thomson Reuters.

House prices rose at their fastest annual rate in two years in November as the housing market continued to display surprising strength.

UK house prices rose much more than expected in November and at the fastest pace in two years, helped by solid wage growth and declining mortgage rates, according to a lender. The price of a typical UK home rose 3.