As energy bills are rising 22% of homeowners are using mortgage advances to improve the efficiency of their homes to reduce costs.
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Homeowners accessing cash from their properties increased 26% over the year with over £3 billion of equity release in the first six months.
The stamp duty holiday last year produced bumper demand from home movers now down a third but still above pre pandemic levels.
Asking house prices rise for the sixth record in a row to £369,968 as demand to buy continues although at a slowing rate.
A typical home is 7.1 times average earnings which have risen 2.7% compared to house prices up 16.8% since the start of the pandemic.
House prices in London are up only a third compared to other areas and you can find cheaper homes for commuting to the capital.
In the UK asking house prices have risen to record levels and are £55,000 higher over the last two years before the pandemic started.
London house prices have increased the most over the last 10 years with a significant rise in equity for homeowners.
After the Bank of England raised base rates to 0.75% lenders have reacted by increasing the cost of mortgages reaching a five year high.
Homes on the coast attract a premium and house prices are up 8% on the previous year as buyers seek to improve their quality of life.