House price growth across the UK jumped to 9% in March, as landlords stampeded to beat stamp duty changes, official figures show.
The Office for National Statistics (ONS) reported that the figure was up from 7.6% in the year to February 2016.
Other figures showed the amount of money borrowed for mortgages in March was the highest for nearly nine years.
The Council of Mortgage Lenders (CML) said £13.8bn was lent to customers during the month, 59% more than in February.
The figure was the highest for any month since August 2007.
Landlords and second home buyers have had to pay an extra 3% in stamp duty since the beginning of April.
“While the increases are significant, these supercharged levels of activity are likely to be short-lived, and will fall back over the summer.” said Paul Smee, director general of the CML.
Landlords borrowed £7.1bn in March, an 87% increase on February.
The ONS figures show that UK homes have increased five times faster than wages since 2011, according to the Resolution Foundation, which works to improve living standards.
Its analysis of the ONS figures shows that house prices have increased by 36% over the past five years.
Average weekly pay has gone up by just 7% over the same period, it said.
The organisation said the growth gap between wages and house prices was even more significant in London and the South East.
But even in Scotland and the North of England, house prices have risen at twice the rate of pay.
However the ONS data shows that prices in Scotland dropped by 6.1% in the year to March 2016.
Recent surveys by both the Halifax and Nationwide have suggested that house price increases have already cooled since the stamp duty changes came into play.
The ONS said house price growth in March was particularly driven by the capital, where the cost of a house or flat rose by 13% over 12 months.
In its last survey using the current methodology, the ONS said the average cost of a home in the UK reached £292,000 in March.
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