FTSE 100 Live 07 February: Index seen lower after record close, house prices at new high

Lender Halifax contiguous said the UK’s mean spot terms is astatine a grounds aft January’s summation of 0.7% took the fig to £299,138.

The monthly emergence follows December’s dip of 0.2%, though yearly maturation of 3% was the slowest complaint since July.

Halifax caput of mortgages Amanda Bryden said: "Affordability is inactive a situation for galore would-be buyers, but the market's resilience is noteworthy.

“There’s beardown request for caller mortgages and maturation successful lending. With a stamp work summation looming, immoderate of this request whitethorn person travel from first-time buyers anxious to implicit transactions earlier the extremity of March.”

The FTSE 100 scale is poised for a quieter league aft surging arsenic acold arsenic 8767 and settling a grounds adjacent of 8727.28 connected Thursday.

According to IG Index, London’s apical formation is acceptable to unfastened astir 27 points lower.

The lacklustre opening follows a mixed league connected Wall Street up of today’s merchandise of US non-farm payrolls figures.

The Dow Jones Industrial Average fell 0.3% but the S&P 500 roseate 0.4% and the Nasdaq Composite improved 0.5%.