Inflation

Every town in the UK now has an average house price of at least £100,000, according to the Halifax House Price Index, first quarter.

Base rate jumps and the introduction of Home Information Packs (HIPs) means property sellers are likely to put their plans on ice, an expert has warned.

The pound hit a 26-year high against the dollar this morning fuelling yet more predictions of interest rate rises.

The average house price fell a fraction in February compared with the previous month, according to figures issued by the government, despite a continuing climb in the value of annual house price inflation.

The inflation rate for elderly households was more than double the government's inflation target in 2006, according a report from Alliance Trust.

Chancellor of the Exchequer Gordon Brown claims Great Britain now has the healthiest inflation level for over a century and has climbed the table to have the 2nd highest economic growth of the G7.

House prices will continue to inflate as three million people plan to buy a new home in the next six months, says a new report.

Kensington Group, the specialist lender for customers with patchy credit histories, has put itself up for sale in what could be a £500m deal, says the Scotsman .

One in 20 teenagers does not believe money borrowed on a credit card needs to be repaid, according to a study conducted by the Personal Finance Education Group, reports the Financial Times .

House prices rose by 1.3% to an average £188,623 in January, but other indicators suggest the market will slow by the end of the year, according to the latest Halifax house price index.