UK house prices rose by 2.2% in 12 months to May, ONS says

British house prices rose for a third month in a row in May, increasing by an annual 2.2 per cent after a 1.3 per cent rise in April, the Office for National Statistics said on Wednesday.

The ONS’s gauge of private rents increased by 8.6 per cent in the 12 months to June, slowing slightly from May’s 8.7 per cent rise.