December 20, 2018 / 9:51 AM / 3 months ago

UK house prices to rise by 2 to 4 percent in 2019 - Halifax

Houses are seen in London, Britain January 19, 2017. REUTERS/Stefan Wermuth

LONDON (Reuters) - British house prices look set to rise by 2 to 4 percent next year, assuming a smooth departure from the European Union, after growth at the lower end of a zero to 3 percent range this year, mortgage lender Halifax said on Thursday.

“Uncertainty around how Brexit plays out means there are risks to both sides of our forecast,” Halifax managing director Russell Galley said.

On Tuesday, the Royal Institution of Chartered Surveyors predicted house prices would be flat in 2019.

Reporting by David Milliken; editing by Michael Holden

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