Housing market

UK House Prices Up a Full 8 Per Cent According to official figures, house prices across the United Kingdom have risen by a full 8 per cent since this time last year, despite a slight fall during March. The .5 per cent drop in average house prices throughout March – from £253,000 to £252,000 – was allegedly the result of tough new lending rules (according to leading economists),...

Up until very recently, first time buyers in the UK were experiencing extreme difficulties when trying to gain access to the property ladder. Without huge deposits and the will to spend their entire wages on a mortgage they probably couldn’t really afford, many thousands of individuals and couples thought they’d never manage to own a home outright. Over the last few months, the British...