Halifax house price index: Prices surge on back of low interest rates and Help to Buy

Halifax house price index: Prices surge on back of low interest rates and Help to BuyThe UK’s largest mortgage lender has reported a surge in house prices, spurred on by low interest rates and Government initiatives including the Funding for Lending and Help to Buy schemes. According to the Halifax, house prices rose by 1.1% last month and are 7.70% higher than the same time last year, taking the value of the average home ...

Nationwide House Price Index: prices soar by nearly 6% over the past year

Nationwide Building SocietyHouse prices continue to rise rapidly according to the UK’s largest building society. The latest Nationwide House Price Index, released today, shows prices rose in October by 1% and are up 5.8% on this time last year. According to the survey the average house price in the UK now sits at £173,678, 7% below their peak in 2007. The figures show all parts of the UK saw a rise in house prices over the past three months, led ...

Housing & mortgage round up: House prices continue to fall as do interest rates

Housing & mortgage round upThis week we take a look at the latest house prices survey which makes grim reading for most homeowners, although people looking to get on the property ladder may take a different view. We also cover some interesting moves by the big lenders on their fixed rate mortgage products, in the wake of a new government scheme designed to encourage banks to lend at more competitive rates. House prices fall...