New figures show that the average price of a home has risen to record levels.
Figures from the Nationwide Building Society released today, show that the average home in the UK is now worth £195,621; the highest level ever recorded by the building society.
Last month the UK’s largest mortgage lender, the Halifax, reported that the average property price in the UK was now £200,280.
The Nationwide figures also showed that property prices rose by 0.4% in July following a fall of 0.2% in June.
However, the figures ...