The latest house price data from the Halifax has brought positive news for those people looking for an increase in property values.
According to the UK’s largest mortgage lender, house prices rose by 0.5% in February and are up by 1.9% compared to this time last year.
The figures show that average price of a home is now £163,600.
Commenting on the figures Martin Ellis, Housing Economist at the Halifax, said: "The housing market continued to provide evidence of improvement in February. Prices in ...