Lloyds, Britain’s biggest lender, has predicted house prices have only 6% further to fall and could rise by the end of the year.
The forecast comes as commentators grow increasingly optimistic about the outlook for the UK economy and stock market, with the FTSE 100 now showing a gain for the year. The index closed at 4,462 on Friday, above 2009’s starting level of 4,434 and 27% higher than its March low.
