House prices in UK rising by £1,394 a month
house conveyancing

House prices in UK rising by £1,394 a month

House prices in UK rising by £1,394 a month Express ConveyancingThe housing market continues to see improvements as the latest research shows average house prices in the UK are rising by £1,394 a month.

And this is great news, not only to the South East Market. The house prices are rising  in all regions for the second consecutive month, according to the LSL Property Services and Acadata property index.Higher prices are not putting off buyers, with sales set to be 16 per cent up this year compared with 2012.

Consumer confidence has grown considerably since last year and yes, the housing market is almost unrecognisable from 12 months ago and yet they are not phased by the rising housing prices. 

David Newnes, director of LSL Property Services, owner of Your Move and Reeds Rains estate agents, said:

“The housing market is almost unrecognisable from 12 months ago. Consumer confidence has snowballed as the economic ­picture improves.”

Figures from the Council of Mortgage Lenders show loans to first-time buyers at a six-year high in October. Some 26,800 were issued, up 16 per cent on September and a 48 per cent rise on a year ago.Richard Sexton, director of e.surv chartered surveyors, said:

“Collectively the property market is singing a sweet tune, with prices picking up across the country.Monthly home loans have topped the 70,000 mark for the first time since the recession and the mortgage market is becoming much more accessible.”

Prices shot up some 5.5 per cent year-on-year in October which is an average rise of around £12,000, according to the Office for National Statistics.

Analysts said the upward trend for which they believe will continue into 2014 means the average home is now worth £247,000.

But unlike previous rises, it is not just London and the South-east that has benefited.

Alexander Gosling, director of online estate agents Housesimple.co.uk, said:

“Since the recovery began the contrast between the property market in south-east England and the rest of the UK has been embarrassingly polarised. With the London market cooking on gas and racking up double-digit rates of annual growth, many other regions struggled to even smoulder.

 

What our clients say

Great value for money. Everything went smoothly and I was very pleased with the service provided
Rachel Whitfield
Rachel Whitfield
20:59 12 Oct 18
Excellent! Very responsive, and really helped to push the purchase. There were unexpected delays during the process, but Anthony really helped to reassure me that he was doing everything he could to progress the sale. Ultimately, it all worked out in the end, and I would highly recommend! I would also recommend for auction purposes.
Sean Stevens
Sean Stevens
09:14 21 May 18
Very happy customer. Understanding of our needs and recommended a really fantastic solicitor.
Jack Hearne
Jack Hearne
17:49 12 Oct 18
I have just completed the purchase of my flat with them. They were recommend by the estates agents Phillip Arnold and they were fantastic. My case was handled by Milena who was really helpful and always available on the phone. The online system is also really easy to use. If I buy or sell a property I will definitely be using them again.
Sharon Kelly
Sharon Kelly
18:27 20 Dec 17
I used this service following a recommendation. The online case tracker worked really well. I would recommend this service as it's vital in the coordination between Estate Agencies and between Solicitors. The service proved invaluable in helping progress the conveyancing work efficiently and effectively. Completed the transaction just before Christmas having instructed the Solicitors on the 4th.
Shelly Harrill
Shelly Harrill
16:30 19 Dec 17
Excellent Service. Final Price same as quoted.
A Google User
A Google User
14:26 19 Dec 18
Have used them twice. Both times completion happened in less than 4 weeks, even over Xmas! Totally amazing. They take the stress out of the whole process.
Daniel West
Daniel West
13:04 21 Dec 18
Excellent Service. Final Price same as quoted
Parsa Khamooshi
Parsa Khamooshi
15:54 21 Dec 18
Being a first time buyer they guided me smoothly through the whole process of moving into my first home. Very professional and economical.
Uday Seth
Uday Seth
12:31 24 Dec 18
Express Conveyancing have been excellent in the handling of my recent house sale and purchase. Would highly recommend
James Ellis
James Ellis
11:43 30 Apr 19
Express Conveyancing have been excellent in the handling of my recent house sale and purchase. Would highly recommend
Michelle Preston
Michelle Preston
12:20 30 Apr 19
ThanksThanks for handling my sale and purchase. No complaints from me. Rebecca was regularly on hand to help with my queries and deal with issues.
Claire Miles
Claire Miles
17:48 07 May 19
I bought my first home in South London with Express Conveyancing . Great professional service, I was regularly updated and looked after. Top marks, 100% recommendation from me!
Dale Griffiths
Dale Griffiths
15:58 02 May 19
Good service and happy with the conveyancer
Chris Jenkins
Chris Jenkins
22:01 17 May 19
Great service from start to finish. Was great being able to see progress online! Very quick and efficient! All staff were helpful. Highly recommend
Reece Moseley
Reece Moseley
06:20 30 May 19
I would highly recommend them. They deal with any queries promptly and efficiently. Would definitely use them again.
Sahar Dalini
Sahar Dalini
09:13 10 Jun 19
Fair prices good efficient service
Sue Batchelor
Sue Batchelor
18:46 01 Jun 19
I would highly recommend them. They deal with any queries promptly and efficiently. Would definitely use them again.
Sahar Dalini
Sahar Dalini
09:14 10 Jun 19

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