House price growth eases to 8.4%, says Halifax

Annual house price growth eased to 8.4% in the month of June, the lowest rate in a year, according to the Halifax, the UK's largest mortgage lender.

The quarterly rate of growth was 1.2%, the slowest since December 2014.

Nevertheless, the average price of a house rose to another record high, at £216,823.

The figures pre-date the result of the UK's EU referendum, which many economists believe will slow house price inflation even further.

"House prices continue to increase, albeit at a slower rate, but this precedes the EU referendum result, therefore it is far too early to determine any impact since," said Martin Ellis, Halifax's housing economist.