UK property prices enjoy best ever festive period

[Nicholas Wallwork]

Property prices in the UK increased by an average of 1% between 9 December 2013 and 11 January 2014. The festive period is traditionally a time for reflection in the UK real estate market with prices falling over the last 10 years by an average of 0.2% at the turn of the year. However, data [...]

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[MikeOllington]

They say things come in threes so the strong upward cycle in house price rises due to growing demand for houses, the Government’s Help to Buy scheme and foreign investors looking towards the UK plus new mortgage arrangements on the market have all worked together to increase prices. This is good news for the economy in part, but for the man on the street, it signals an ever harder 'job' to get on the property ladder and stay there.