Landlords increasingly reliant on capital appreciation may be relieved to hear that one of the country’s best respected indices suggests house prices have stopped falling.
The Halifax says that in February the annual rate of house price growth remained 2.1 per cent for the third successive month.
The typical UK property now costs £285,476 compared to £282,360 last month; this is a monthly change of 1.1 per cent, sizeably greater than the 0.2 per cent recorded in January.