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Hello and welcome to this week’s property news round-up. There’s been plenty of good news in the market this week with interest rates staying at their record low of 0.5 per cent; UK house prices have bounced back rising by 1.1 per cent having fallen in February, and mortgage rates are continuing to fall with two lenders announcing they are launching new best buy rates.
On another joyful note, according to research confidence in the housing market has hit a two-and-a-half year high, with four out of five people expecting property prices to continue rising, also there are early signs in the market that the stamp duty break has increased interest among first-time buyers.
And finally, the Halifax announced that the average UK house price had risen to £168,521 in March so we’ve included a list of 10 properties in the country that you can buy for this amount – happy shopping!
Good news for mortgage borrowers with interest rates set to remain frozen at their record low.
The Telegraph, 08/04/10
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UK house prices bounced back in March, rising by 1.1%, after having fallen in February, according to the Halifax.
BBC News, 08/4/10
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The cost of mortgages is continuing to head downwards with two lenders announcing they are launching new best buy rates.
The Telegraph, 06/04/10
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The ability to buy a larger property has become the main motivation for choosing to sell up in the UK, new figures reveal.
Property Wire, 06/04/10
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There are early signs that the stamp duty break has increased interest.
The Telegraph, 05/04/10
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Confidence in the housing market has hit a two-and-a-half year high, with four out of five people expecting property prices to continue rising, a survey showed today.
The Independent, 06/04/10
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Halifax said the average UK house price rose to £168,521 in March. But what does that mean for you? From Northern Ireland to Kent and Edinburgh to Cornwall, we list 10 properties you can buy for £168,521.
The Telegraph, 06/04/10
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