Land Registry House Price Index: House prices static in March

Land Registry House Price IndexThe latest house price data from the Land Registry shows house prices remained almost unchanged in March, but continue to rise, albeit it slowly, year on year. The Land Registry’s House Price Index shows a small rise of 0.10% in March, taking the average house price in England and Wales to £161,793. The small increase is broadly in line with figures from the other two major house price surveys; the Halifax showed a 0.20% increase in March, whilst ...

Nationwide House Price Index: Prices “little changed” in December, but fall in 2012

Nationwide Building SocietyThe latest Nationwide House Price Index has revealed house prices remain broadly the same in December 2012, with a small, 0.1%, fall. The slight reduction means that, according to the Nationwide, house prices fell by 1% in 2012 reversing the 1% rise seen in 2011. The small changes now means that average cost of a home in the UK is £162,262, which is broadly in line with the other major house price surveys from the Land Registry ...

Housing & mortgage round up: Last round up and house price survey of 2012

Housing & mortgage round upOur last housing and mortgage round up of 2012 wouldn’t be complete without a house price survey and we’ve not let you down. In other news, another mortgage lender has stopped offering interest-only mortgages, there are fears that average rents will rise quickly in 2013 and first time buyers appear nervous about what the New Year might hold for them. Small annual rise in house prices The latest figures from the Office for National Statistics (ONS) show that house prices increased by just 0.2% in October. The ONS also revealed ...

Housing & mortgage round up: House prices rises in October, whilst negative equity rates fall

Housing & mortgage round upThe data coming from the housing market is so confusing at the moment that this week’s headline could easily have read “House prices fall over the past year, whilst first time buyer negative equity is double the average”. Whatever spin is put on the headlines, it’s important to look at the underlying numbers, which is exactly what we do this week. We look at the latest house price survey, negative equity figures as well as the ‘interest-only time bomb’, again! House prices rise, but lack momentum After September’s fall ...