Data from the Nationwide building society show a slight fall in house prices in May while cash buyers represent four out of ten purchases.
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Category Archives: House Prices
Property prices have continued to grow since the election with annual growth at 5.1% and set for a surge for the rest of the year.
The average first time buyer now needs a salary of £77,000to buy a home, says KPMG, as house prices continue to rise.
Data from the Halifax shows UK house prices increased by 1.6% last month and by 8.5% over the last year.
A survey sponsored by Shelter shows that half of parents expect their children would require an inheritance from them to buy their first home.
Data from Rightmore reveals property prices have reached a new high due to a lack of sellers and more people looking to buy.
Mortgages taken out by home buyers increase says Bank of England although house prices slowed for the seventh month in a row.
UK house prices have reduced by 0.3% in the last month while surveyors have reported a fall in the housing stock coming to the market.
Deposits from buy-to-let landlords have increased by 15% to an average £100,000 compared to struggling first time buyers.
Annual house prices in the UK have slowed from 6.8% to 5.7% in February for the first time in five months decreasing by 0.1% during the month.