House prices: Proof that a North / South divide still exists

Proof that a North South divide still exists 150pxFurther evidence has emerged today of a growing, north / south divide in house prices. Ever since the last housing crash following the financial crisis, the personal finance pages have been awash with stories about booming house prices. However, for many people living in the North of the UK the picture of soaring prices and a vibrant property market has been a mystery and evidence has emerged of a widening gap between house prices in the North and the South of the country. In ...

Nationwide House Price Index: House prices leap 11%

Nationwide Building SocietyThe latest figures released this week, show house prices continue to rise at a starling pace. According to the Nationwide, the UK’s largest building society, house prices have leapt by 11.1% over the past 12 months, taking the value of the average home to £186,512. May was the 13th month in a row when prices have risen, with an increase of 0.7%, although this was down slightly on April’s 1.1% rise. Slowdown ahead? Despite the seemingly unstoppable rise in house prices, there are perhaps signs that the mortgage market is starting to ...

Nationwide House Price Index: Prices rise at fastest rate for four years

Nationwide Building SocietyHouse buyers will be left confused by the latest figures from the Nationwide Building Society, which show house prices are now rising at their fastest rate for four years. According to the Nationwide, house prices rose by 1.2% in April after a 0.4% increase in March; confusingly, the Halifax reported a fall in prices of 1.3% over the past two months. The Nationwide also reported that house prices are now 10.9% higher than 12 months ago, the highest rate of annual growth since April 2010. Average house prices There is now also ...

Land Registry House Price Index: Small fall in house prices

Land Registry House Price Index: Small fall in house pricesNew figures show house prices fell back slightly in March, although they are still significantly higher than the same time last year. The latest figures from the Land Registry, which looks at house prices in England and Wales, show a slight drop in March of 0.4%. However, the year on year figures still show a rise of 5.6% over the past 12 months, taking the average house value in England and Wales to £169,124. Unsurprisingly ...