The latest House Price Index from Halifax has revealed a 1.6% increase in house prices in the three months to July, compared to the previous three months. This exceeds the 1.1% increase seen in June, and is similar to the rates recorded in April and May (both 1.5%).
An interesting piece of research released recently by Lloyds Bank has revealed that living close to a well-known supermarket chain can add as much as £22,000 on average to the value of your home.
According to the latest UK Cities House Price Index from Hometrack, annual house price inflation during June remained unchanged from May at 10.2%, but was still ahead of the 6.9% seen in June last year.
Activity in the Scottish housing market slowed during May, as a decline in new properties coming on to the market was accompanied by a drop in new buyer enquiries.