Halifax House Price Index: House prices rise for fourth month in a row

HalifaxThe latest figures from the Halifax show house prices rose in May by 0.4%. This is the fourth month in a row which house prices have risen and according to the Halifax the average home is now worth £166,898. The increase reported by the Halifax in May exactly matches the figures from the Nationwide’s House Price Index; however, the Halifax is more bullish when comparing the annual rise. According to the Halifax house prices have risen by 2.6% over ...

Nationwide House Price Index: House prices “change little” in April

Nationwide Building SocietyThe latest house price figures have revealed little change over the past month. According to the Nationwide, the UK’s largest building society, house prices fell by 0.1% in April, taking the value of the average home to £165,586. The small fall in April comes on the back of a slight rise of 0.20% in February and no change in March, pointing to a sluggish period for house prices, during a traditionally busy time. However, the Nationwide’s figures do show a modest ...

Buy to let: Seaside towns offer best returns

iStock_000008970391XSmallSea side landlords are receiving table topping rental yields, according to recent research from HSBC. Investors in Southampton, Blackpool and Kingston-upon-Hull are currently achieving returns of almost 8% on their buy to let properties, the highest in the country according to HSBC. Experts believe the yields in some sea side towns are driven up by relatively low house prices and the potential to let the property to holidaymakers. However, it isn’t just seaside towns which are achieving good yields. The research found buy-to-let properties ...

Halifax House Price Index: House prices rise in February

HalifaxThe latest house price data from the Halifax has brought positive news for those people looking for an increase in property values. According to the UK’s largest mortgage lender, house prices rose by 0.5% in February and are up by 1.9% compared to this time last year. The figures show that average price of a home is now £163,600. Commenting on the figures Martin Ellis, Housing Economist at the Halifax, said: "The housing market continued to provide evidence of improvement in February. Prices in ...