Nationwide House Price Index: Prices continue to “gain momentum”

Nationwide Building SocietyHouse prices in the UK are rising at the fastest rate since June 2010, according to the latest figures from the Nationwide House Price Index. The UK’s largest building society has reported house prices grew by 1.4% in December and were up 8.4% on the same time last year. The Nationwide’s figures show the value of the average home in the UK is now worth £175,826, still around 5% below the 2007 peak, despite the strong surge in 2013....

Housing round up: UK house prices stagnating whilst the Irish market is in freefall

Housing & mortgage round upThe first week of the New Year brings further evidence that the UK housing market is stagnating not helped by tight mortgage lending criteria, which looks set to get worse if the latest Bank of England report is correct. It could be worse though, you could own a property in Dublin, according to one survey the Irish capital has seen property prices fall by a staggering 64.2% since the peak of the housing boom in 2006....

Fall in house prices across most UK regions

The value of UK homes fell over the course of the last 12 months but some regions did experience a slight rise. London property prices increased this year although month-on-month figures show a decline from January's records. Average house prices in England and Wales fell in February despite a rise in the value of homes in London and the East of England, according to figures revealed by the Land Registry. The average value of homes in England and Wales dropped to £162,215 in the year to February, marking a 1.7% fall. However, house prices in the capital and the East of England rose by 3.2% and 1% respectively.