Property News · March 25, 2016

Average price for flat rose £1,000 a month since financial crash


UK-wide figures heavily influenced by London prices – outside the capital flats are on average the cheapest homes to buy The average price of a flat in the UK has increased at a rate of £1,000 a month since the financial crisis, driven by a steep rise in the cost of buying in London, according to figures from the country’s biggest mortgage lender.Since the property market reached a low in late 2008 as the credit crisis took hold, the average price of a flat has risen by £86,474 to £237,223, Halifax said. Continue reading…

Source : theguardian.com
Read more…Average price for flat rose £1,000 a month since financial crash

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