One area of the UK where house prices are rocketing

Data from mortgage giant the Halifax revealed that average property prices stalled in November, but while prices are falling in some area, they are still surging elsewhere

House prices are predicted to grow slowly next year after stalling last month, experts say.

Figures from mortgage lender the Halifax show average property prices all-but stalled in November, rising by just £138 to albeit new record high of £299,89 and close the breaking the £300,000 mark.

Economists say “jitters” ahead of the Budget dampened appetite. But with the prospect of another Bank of England rate cut as early as this month, they believe price growth could pick up in early 2026.

While prices nationally may have remained steady, some regions performed much better than others, according to the Halifax. For exa