Average house prices edge up in January 2018
Falls recorded in London, the SE and the NE. Three quarters of authorities still see annual increases. Average house prices now £301,477.
Falls recorded in London, the SE and the NE. Three quarters of authorities still see annual increases. Average house prices now £301,477.
Mortgage approvals fall between Nov & Dec 2017. Growth in number of small deposit mortgages. NW remains top spot for first-time buyers.
Average house price growth slows yet increases seen across majority of regions. Bristol sets the pace with prices up 8.9% and South West prices increase 5.3%.
This will help to ensure that you go into the house buying process with your eyes open – reducing the risk of expensive issues emerging at a later stage.
Transactions up 4% year on year in third quarter. Vale of Glamorgan sees highest increase in annual prices as Wales rises up the table.
Over 5 million homes are at risk of flooding in the UK. Therefore, it is vital that home owners are clued up on how to reduce the risk to property if flooding occurs.
Market grows between October and November after interest rate rise. Approvals increase 2.5% month-on-month as borrowers move to lock in low rates.
Mortgage market continues recent strong performance. North West is once again small deposit hotspot. Survey covers last full month before base rate rise.
Why get a survey before buying your dream home? You may be surprised at the hidden repair costs if you choose not to, and peace of mind is invaluable.