New data released by the Nationwide reveals that UK house prices increased by 0.4% in March 2014 and were 9.5% higher than March 2013. This means that average house prices are now around 3% below the peak values of 2007.
...The growth of the UK housing market is being severely restricted by the lack of homes being put up for sale, and this shortage of homes is also causing house prices to rise in some parts of the country.
...Newly released figures from Registers of Scotland reveal that the number of residential properties sold in Scotland in the third quarter of 2013 was up 26.1% on the same period in 2012.
...According to the latest Lloyds Bank Homemovers Review, 337,500 people have moved up the housing ladder in 2013, as rising house prices have given homemovers a higher level of deposit for their next property.
...A recent report from the Council for Mortgage Lending (CML) has revealed interesting data regarding the profile of UK lending in October 2013, including first-time buyer, home mover, remortgagor and buy-to-let lending.
...Interesting figures released by Nationwide Building Society reveal that UK house prices increased by 0.6% in November 2013, with the average house costing £174,566 in November compared to £173,678 in October 2013.
...The annual expense of owning and running a house has increased by £179 over the past year, according to new research by Halifax. It now stands at £9,590, an increase of 1.9% on the previous year, but still less than the 2.7% rise in consumer prices over the same period.
...It is sixteen percent more expensive to rent a home in the UK than to buy one, according to new research by the Halifax. The banking group highlights falls in house prices and associated costs, together with a big increase in rents, as being behind the findings.
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