Annual house price growth accelerates....
Annual growth in UK house prices accelerated for the first time in eight months in November, a lender's figures show.
The Halifax, part of Lloyds Banking Group, said property prices had risen by 6% compared with a year ago.
That meant the cost of a typical home was £218,002, it said.
The faster price growth is in contrast with the Nationwide Building Society which said annual house price growth had slowed to 4.4%. Annual property price growth peaked at 10% in March. The Halifax said that, despite the pick-up it reported in November, "annual house price growth may slow over the coming months".
Prices were up by 0.2% compared with October, and had risen by 0.8% in the three months to the end of November compared with the previous quarter, it said.
Industry figures welcomed the pick-up in prices.
Jonathan Hopper, managing director of Garrington Property Finders, said: "The Halifax's market confidence tracker illustrates perfectly the 'business as usual' stoicism. It found consumer confidence in the housing market is at its lowest level for three years, but that nearly four times as many people expect prices to rise as think they will fall in the next year."
The Halifax said that low mortgage rates were maintaining demand among potential buyers. But HSBC has just pulled one of the cheapest deals - a 0.99% two-year fixed-rate deal off the market.
Mortgage broker Aaron Strutt, of Trinity Financial, said the lender was inundated with enquiries, which could have led to it being withdrawn, despite the relatively high arrangement fees connected to the deal.