Business news live: UK house prices hit record level and firms shedding jobs at fastest rate in four years



Halifax house price data: Average price hits record ยฃ299,331

Halifax data today shows the UK house prices continued to increase across August – a third consecutive monthly rise.

This time around they went up by 0.3 per cent to take the new average property price to ยฃ299,331 – a new record high.

  • Annual rate of growth eases slightly to +2.2% (down from +2.5% in July)
  • Average price paid by first-time buyers falls slightly as affordability improves
  • Northern Ireland continues to record the UKโ€™s strongest annual house price growth
  • England shows a North/South divide, with North East recording the fastest pace of growth

Karl Matchett5 September 2025 08:10

Business and Money live blog – 5 September

Good morning all – on the way will be stock market updates, best bank account info to earn high interest on your money and plenty more.

We start today though with the latest UK house price data from Halifax – which shows yet another rise.

Karl Matchett5 September 2025 08:00

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