Experts say affordability could end up hampering further rises in the months ahead

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UK annual house price growth slowed last month, with experts warning that mortgage affordability could counter some demand from house hunters in the year ahead.

Data released by Halifax, Britain’s biggest mortgage lender, showed that the price of the average home climbed by 3.3% in December compared with the same period a year earlier – down from an annual rate of 4.7% in November.

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