House prices edge up to record high

House prices in the UK increased by 0.6% month-on-month in October, reaching a record average of £299,862, according to Halifax. The annual growth rate also accelerated to 1.9%, surpassing economists' expectations. In London, they declined 0.3% from a year earlier, to £542,273. Amanda Bryden, head of mortgages at Halifax, said affordability remained a challenge for many prospective buyers despite the fact that house prices have now risen more slowly than incomes for almost three years.

Financial Times (08/11/2025)   The Daily Telegraph (08/11/2025)   The Guardian (08/11/2025)   The Times (08/11/2025)