Greater proportion of cash buyers are helping to keep house prices rising as outright home owners now exceed those with mortgages.
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Monthly Archives: February 2017
Hometrack data shows London with the slowest rate of growth for four years and the fastest house price rise is now from regional cities.
Home buyer borrowing in London reduces 5% or £310 million in the final quarter of 2016 continuing the downward trend for the capital.
House prices in the East of England remain strong up 11% over the year despite a slowdown in property sales across the country.
Significantly lower interest rates has improved mortgage affordability across the country since the financial crisis according to the Halifax.
Crossrail has boosted average house prices by up to 60% for homes in towns near to stations ahead of the 2019 launch date.