UK House Prices Post Strongest Start to Year Since 2005: Nationwide

High-rise apartments under construction can be seen in the distance behind a row of residential housing in south London, Britain, on Aug. 6, 2021. Henry Nicholls/Reuters

LONDON—British house price growth accelerated in January, marking the strongest start to any year since 2005, mortgage lender Nationwide said on Tuesday.

House prices jumped by 0.8 percent in January, following a 1.1 percent increase in December. A Reuters poll of economists had pointed to a 0.6 percent increase last month.