Halifax

House prices in the three months to February fell 2.8% compared to the same period last year, which is the largest annual decline since October 2009, Halifax reports.

Lloyds Banking Group has set aside £500m to voluntarily redress an estimated 300,000 Halifax customers potentially confused by its SVR cap.

UK house prices rose by 0.8% in January compared with the previous month, according to figures from the Halifax.

House prices fell by 1.3% in December, and may extend their decline this year as uncertainty over the economy continues to deter homebuyers.

First-time buyers need an average deposit of £29,000 to buy a property, a report by the Halifax concludes.

House prices fell just 0.1% in November adding substance to the view they are likely to remain relatively flat for some time.

House prices rose by 1.8% in October after a steep drop during the previous month, according to the Halifax.

House prices fell 3.6% in September according to the Halifax, the biggest month-on-month decline since it began keeping records in 1983.

UK house prices will remain static this year, the Halifax predicts.

Monthly mortgage payments as a proportion of income are now nearly half of 2007 levels, yet affordability is still cited by over 50% of first-time buyers as the main barrier to entry.