*BoE's King: Inflation Likely To Remain Above 2% For Next Year Or So

*BoE's King: Impact Of Temporary Factors On Inflation Hard To Calibrate

*BoE's King: High Inflation Rate Reflects Number Of Temporary Influences

Sterling Extends Gains Versus Dollar, Hits Session High at $1.6087

Uk House Prices -0.8 Pct Mm in Sept, +6.1 Pct Yy - Dept. of Communities and Local Govt