News

House Price index Continues to Rise In June

House prices rose again in June but only by 0.1%, according to the Nationwide building society. The rise follows a 0.5% increase in May, with the average property in the UK now costing more than £170,000. Prices have risen by 3% since the start of the year, the Nationwide...

MORTGAGE LENDING SEES SPRING BOUNCE

Mortgage lending continued its spring rise into May, according to the British Bankers' Association. The number of mortgages approved for house purchases rose to its highest level so far this year. A total of 36,709 loans were approved by the major banks for people buying a...

HOUSE PRICE INFLATION BACK TO 10% SAYS GOVERNMENT

Annual house price inflation is back in double-digits, according to government figures. The Department for Communities and Local Government (DCLG) said prices in April were 10.1% higher than a year ago. That was the highest rate of inflation since October 2007, when prices were...