House prices hit record high ahead of stamp duty changes according to Halifax UK house prices have hit a record high according to Halifax, ahead of major stamp duty changes.
Nationwide Building Society also tracks house prices, with its latest HPI for January saying the average price of a home stood at £268,213 in January, down from £269,426 the month before.
The lender, part of Lloyds Banking Group, also said annual house prices rose 3% in the year to January.
Halifax said annual house prices rose the most in Northern Ireland, increasing by 5.9% in the 12 months to January.
Lowering the base rate usually sees mortgage rates fall, which is also expected to lead to house prices rising.
