Services
People
News and Events
Other
Blogs

Growth in UK house prices sped up in the year to October

View profile for Spencer Davis
  • Posted
  • Author

According to the BBC the country's largest lender, the Halifax announced house prices rose in October by 1.1%, this follows a decline of 0.9% in the previous month. This increase has brought the average price for a flat or house across the country up to £205,240 – a record high!

Whilst demand is good and properties are being snapped up fast, estate agency group Countrywide, whose brands include Bairstow Eves and Hamptons warned that full-year profits might be down due to fewer properties coming onto the market.

If you are considering buying or selling and would like to receive a full breakdown of all known legal cost, please contact our New Business Team on 01245 343980 or newbusiness@gepp.co.uk

The above is not legal advice; it is intended to provide information of general interest about current legal issues.