Markit Buys Lloyds' Halifax Housing Index

Vendor will use the index to create financial products based on the UK housing market, officials say.

tim sargent markit

Under the deal Markit acquires the index and all associated intellectual property, and will also become the index administrator, while Halifax─Lloyds' property loans and mortgages business─will continue to publish the monthly index on behalf of the vendor. The index branding and methodology will remain unchanged.

"The Halifax House Price Index is a leading barometer of the UK's property market. We look forward to compiling the index and working with the industry on opportunities to develop finan

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