England House prices end in February, ending the focus on the holiday, says Halifax

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The UK House prices were unexpectedly immersed in February, the mortgage loan ended the property sale of property, which was dragged by a tax break from the Halifax.

The price of the average house of England fell by 0.1 percent to £ 298,602. On the annual basis, the average price increased by 2.9 percent in the same rate in January.

Price changes were lower than forecasts. Economists surveyed by Reuters, increased by 0.3 percent per month and a 3.1 percent increase.

Halifax, head of mortgage loans Amanda Bryden, noting the effects of a seal of the figures for sale in the British house, said “a thin balance” in the British House market. In April, the tax remains less time to complete pre-tax purchases.

However, he said, “Definitive demand and resistant requirements of housing and sustainable apartments,” property prices will continue to increase the growing PACE this year, compared to last year, “he said.

Friday figures, the mortgage lender last week, the price of the national house has increased more than expected than 3.4 percent in February.

When the brand duty goes on the holiday, the first time buyers will now be able to receive a charge in £ 425,000 or more, more than £ 300,000 or more.

The current seal celebration was announced in September 2022 when the mortgage prices were rapidly raised and remain in the ground until March 31.