UK house prices hit record

London

UK house prices climbed to a record in April as demand from landlords in the previous month created knock-on effects through the property market, according to Rightmove Plc.

Average asking prices rose 1.3 per cent from March to £307,033 (S$590,000), the property website operator said in a report published on Monday. It left values 7.3 per cent higher than a year earlier.