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There was significant increase in UK housing costs last year, hitting an all-time high of £217bn for the first time, new data from Savills reveals.

There has been a notable rise in the average price of property coming to the market for sale this month, according to new figures from Rightmove.

Average house price has risen nearly £50,000 since start of 2020, says Halifax.

Despite the recent dip in UK house prices, the average price of a home in this country is up almost £50,000 on average since the beginning of the pandemic.

According to Halifax, which carried out the research, it is the equivalent of a 20.4% rise on average, as the country approaches.....

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