UK house prices hit new record high after ‘surprising’ post-lockdown spike
House prices leapt to a new high in July, in a “surprising spike” after the market was put on pause earlier this year, according to an index.
Property values jumped by 1.6 per cent, or £3,770, month-on-month on average in July, Halifax said. Across the UK, the average property value was £241,604 in July, up from £237,834 in June. House prices increased by 3.8 per cent annually.
The housing…