Nationwide House Price Index: House prices rise sharply

Nationwide Building SocietyHouse prices continue to rise according to the UK’s largest building society. Spurred on by the Government’s Funding for Lending and Help to Buy schemes, the rate of growth in house prices has risen sharply over the past few months and today’s figures from the Nationwide confirm the trend is continuing. The figures show house prices in the UK rose by 0.6% in August and were 3.5% higher than this time last year, taking the value of the average home to £170,514....