Statistics from Hometrack and property listing site Zoopla show that 16 cities across the UK have seen prices grow. years. “With unemployment at a record low and mortgage rates still averaging 2%,

House prices soared by nearly 3,000 in April, with the property market expected to receive a further boost from the outcome of the General Election going forward. The average cost of a UK property rose by 1.6 per cent during the month to stand at 196,412, according to mortgage lender Halifax.

You can follow me on @alexmdaniel, or email: alex.daniel@. in the UK such as the midlands and the north west started to kick the Brexit uncertainty that has gripped the housing market in recent.

House prices in the UK are forecast to increase by 2.5% this year and next with growth rising to 4% per annum over the following three years, to a five year cumulative amount of 18%. But not all areas will see such robust growth, with the prime property market in London, for example expected to [.]

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Despite low mortgage rates, affordability remains elevated Nationwide data for xxxxq1 shows that the house-price-to-earnings ratio (HPER) stayed at 5.2 in the first quarter of this year. It has hovered around this elevated level for about 8 consecutive quarters, close to its all-time high point of 5.4. Mortgage payments as a percentage of

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House prices set to increase up to 7% next year despite Brexit uncertainty and income squeeze. Hometrack expects growth to continue over the remainder of 2017 as prices are rising off a lower base. The average price of a property in Birmingham , at 154,900, is less than a third of that in London, at 492,700.

UK house prices unexpectedly surged 5.2 per cent in the year to May, according to the Halifax.The annual increase is the fastest recorded since January 2017 and comes after a 5 per cent rise in April, the building society said.Growth was boosted by a comparison with a particularly weak month in May 2018

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UK house prices are going up, despite Brexit uncertainty and possible interest rate rises homeowners across the UK have had an average of 7,500 added to the value of their property over the past year, and experts expect house prices to continue to rise in the country’s more affordable areas.

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