A stark north-south divide has emerged in housing repossessions, with northern regions seeing a higher number of repossessions than their southern counterparts, according to detail
Knight Frank/Markit’s House Price Sentiment Index (HPSI) signals that average house prices fell again in June.
Members of the Intermediary Mortgage Lenders Association, report they are 'realistic' and predict that growth will remain slow in the next year.
Gross mortgage lending in May was an estimated £12.2 billion, according to the CML.
House sales are 12% higher in the first four months of 2012, compared to 2011 and prices have recovered to same level as 5 years ago, LSL/Acadametrics report.
The price of new property coming to market up by £2,476 (+1.0%), a third consecutive national high according to Rightmove's June House Price Index.
For the first time since April 2011, house prices have grown on an annual basis as prices increased by 0.5% on the month, report LSL Property Services.
With the turnover of owner occupied housing stock expected to remain relatively consistent over the next couple of years and house prices still too high for most new homebuyers..
UK house price growth on an underlying basis increased for second successive month in May, according to the latest Halifax House Price Index.
The quarterly price index for the average domestic property in Scotland fell by 2.7%, report Lloyds TSB Scotland.
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