House prices in the UK hit two-year high, says Halifax

UK house prices hit two-year high  - Published House prices in the UK reached a two-year high in August and the recent interest rate cut has increased confidence among homebuyers, the UK's largest mortgage lender has said. Halifax said prices last month were up 4.3% compared to last year, taking the average cost of a UK property to £292,505. The lender, which is …