By Jonathan Davies

House prices rose 1.7% in from May to June, according to Halifax, marking the fourth consecutive months of growth.

Compared with a year ago, prices are up 9.6% the mortgage lender said. Halifax said it was the fastest annual growth since September 2014.

"Economic growth, higher employment, increasing real earnings growth and very low mortgage rates are all supporting housing demand," said Halifax housing economist Martin Ellis said.

Mr Ellis also explained that the number of homes available for sale was at a record low, which was causing prices to go up.

The average price for a house bought using a Halifax mortgage is now £200,280.