London, UK. 9 May 2022 - Aerial view of houses in London. According to Halifax, UK house price increased in last month. The average cost of a home rose by in April, to a record high of £286,079. Last week the Bank of England raised interest rates from to 1%. It is estimated that million mortgage borrowers with home loans linked to the base rate will be affected. Experts predict UK inflation rate could increase to above 10% next month. Credit Dinendra Haria /Alamy Live News

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Keywords: england, houses, housing, increase, inflation, interest, london, market, news, properties, property, rate, rates, uk