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Good news for Sellers – House prices up by 11.7%

UK house prices increased by 11.7% in the year to August 2014, unchanged from the year to July 2014, according to the latest index from the Office of National Statistics (ONS).
House price annual inflation was 12.2% in England, 4.7% in Wales, 6.7% in Scotland and 9.6% in Northern Ireland.

The index report says that house prices are increasing strongly across the…

September property trends infographic

Rightmove’s September House Price Index reported earlier than usual signs of autumn activity picking up as September’s new listings come to market with asking prices 0.9% (+£2,474) higher than last month, the first rise at this time of year since 2011.

Rightmove’s infographic provides a breakdown of how prices are performing across each region and property type.

[Source: Rightmove Property Portal]…

First time buyers pay £22,000 more than last year

Typical prices paid by first-time buyers in the UK increase by 12 per cent in a year, amid strong rises across the country

First-time buyers are having to find £22,000 more for their homes than they needed a year ago, according to official figures.

The Office for National Statistics (ONS) said the average price paid by people buying their first property reached…