UK House Prices Surge 12%
The average house price in the UK reached a record high of £270,000 - £28,000 higher than this time last year, reveal Office of National Statistics data. The sharp rise is being attributed to the rush to complete sales before the stamp duty holiday stops for properties worth less than £500,000. Hargreaves Lansdown senior personal finance analyst Sarah Coles said: “It was the busiest September for house sales on record. On the one hand, this rush for the deadline defies logic, [...]