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UK house prices rise at fastest rate in almost two years, says Halifax

January 09, 2019 / Richard Partington

UK house prices unexpectedly rose at the fastest monthly rate in almost two years in December, according to Halifax, despite warnings over the potential impact of Brexit for the year ahead. Halifax, one of Britain’s biggest mortgage lenders, said the average cost of a home rose by 2.2% compared with November. This outstripped all forecasts in a poll of economists by Reuters, in a surprise sign of strength for the economy with less than 90 days before the UK is expected to leave the EU.