Nationwide House Price Index: House prices leap 11%

Nationwide Building SocietyThe latest figures released this week, show house prices continue to rise at a starling pace. According to the Nationwide, the UK’s largest building society, house prices have leapt by 11.1% over the past 12 months, taking the value of the average home to £186,512. May was the 13th month in a row when prices have risen, with an increase of 0.7%, although this was down slightly on April’s 1.1% rise. Slowdown ahead? Despite the seemingly unstoppable rise in house prices, there are perhaps signs that the mortgage market is starting to ...

Savings: 5 Cash ISA deals we like

Savings: 5 Cash ISA deals we likeSavers got a boost in the Budget earlier this year, when it was announced that from July, the maximum contribution to a Cash ISA (Individual Savings Account) will rise to £15,000 each and every year. It will also be possible, again from July, to transfer money from a Stocks and Shares ISA to a Cash ISA. Both of these moves will give Cash ISAs a new lease of life. But which of the 200 or so Cash ISAs currently available is right for you? We’re here ...

Nationwide House Price Index: Prices rise at fastest rate for four years

Nationwide Building SocietyHouse buyers will be left confused by the latest figures from the Nationwide Building Society, which show house prices are now rising at their fastest rate for four years. According to the Nationwide, house prices rose by 1.2% in April after a 0.4% increase in March; confusingly, the Halifax reported a fall in prices of 1.3% over the past two months. The Nationwide also reported that house prices are now 10.9% higher than 12 months ago, the highest rate of annual growth since April 2010. Average house prices There is now also ...

Nationwide House Price Index: Prices close in on 2007 peak

Nationwide House Price Index: Prices close in on 2007 peakThe latest Nationwide House Price survey shows that house prices are no close to their 2007 peak. According to the country’s largest building society, house prices rose by 0.6% in February and are up 9.4% on the same time last year. The survey shows that the average property is now worth £177,846. This is the 14th consecutive month house prices have risen and the pace is increasing, which will lead to the inevitable ...