British house prices grew in July at their slowest annual pace since the end of last year but the market is being supported by rising wages and a lack of homes to buy, mortgage lender Halifax said on Thursday. Halifax said the year-on-year rate of growth in the three months to July slowed to 7.9 […]
The UK housing market appears to be “waking up” after a quiet period in spring, the Council of Mortgage Lenders (CML) has said. It said homeowners took out 49,000 loans in May, the highest number since December last year. That compares with 48,300 loans taken out in April. Separate figures from the Office for National […]
The average property on the market this month has a price tag of £294,351, Rightmove has reported. The new high is £8,218 more than a previous record set in April, and a surprise fall in the supply of homes coming on the market in recent weeks has added to the upward pressure on prices, the […]
“While the top of the prime central London market may be undergoing a weaker period in the face of the election, London’s suburbs are still experiencing strong growth, fuelled in part by buy to let investors benefitting from a reduction in lenders stress testing…” Sales in London’s prime property market have continued to fall for […]
