Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleUK house prices recorded their first month-on-month increase in four months during June, rising by 0.2 per cent. The average property value now stands at £299,330, with annual house price growth accelerating to 0.6 per cent. Lloyds, which now publishes the long-running house price index, reported these figures. This modest increase reflects wider economic uncertainty but also easing mortgage rates, offering some encouragement to buyers. Experts anticipate the housing market will continue at a measured pace, supported by lower borrowing costs but constrained by affordability issues. In fullUK house prices rise for first time in months since breakout of Iran warMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

House prices inched up in June as mortgage rates softened after rocketing in response to the Iran war, Lloyds has said.

Recent price trends continue to reflect ‘wider economic uncertainty’, Lloyds said.

House prices edged up £518 in June, according to the latest figures from mortgage lender, Halifax.

Recent price trends continue to reflect ‘wider economic uncertainty’

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