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The UK Housing Market

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If you own property in the UK or are thinking of purchasing a home then knowing the current housing market trends forecast and predictions may help you understand how housing prices move, whether the bubble has burst and the property market in general.

Nationwide and Halifax House Price Index

Both the Nationwide Building Society and the Halifax publish house price data each month showing the average price of homes across the country by region. The data is based on the lending data for approved mortgages at the approval stage. The data for both is generally derived on the same calculations although there are some small variations in how these are all calculated.

The nationwide index can be found here and the halifax results are shown here as the Halifax is now part of the lloyds banking group. The land registry also publish their own house price index and their methodology is different.

nationwide house price index

Latest news on house prices

Here is the latest news on house and property prices.

July 17, 2013
Are House Prices on the Way Back to Pre Crisis levels?
by Mark Johnston

Are House Prices on the Way Back to Pre Crisis levels? Recent analysis shows that the number of houses up for sale is the highest since the start of the financial crisis. According to Rightmove, the property search website, the number of new houses coming on the market is up 22 per cent to more […]


June 14, 2013
House Prices keep on Rising!
by Mark Johnston

House Prices keep on Rising! It appears that new figures are showing that house prices grew faster in May this year than at any time in the past six years. The number of mortgages on the market has increased sharply since the Government launched a scheme called Funding for Lending last August, which has given lenders […]


May 3, 2013
Are House Prices all They Seem to be?
by Mark Johnston

Are House Prices all They Seem to be? It is encouraging to see that the housing market now appears to be picking up across most parts of the UK, despite ongoing concerns about the wider economy. This may in part be due to the ever growing availability of cheap mortgage finance through schemes such as […]


April 29, 2013
April House Prices.
by Mark Johnston

April House Prices. It seems that several housing market studies have reported improvements in the housing market in recent months following the launch of the governments funding for lending scheme. House price have mounted a partial recovery since the 2007 and 2008 property crash, but it appears that the South East and London have drove […]


April 16, 2013
House Prices Rise for First Time Buyers.
by Mark Johnston

House Prices Rise for First Time Buyers. It appears that recently several housing market studies have been reporting improvements in the housing market in recent months following the launch of the governments funding for lending scheme. Industry figures have shown that around 216,200 first time buyers bought their first home in 2012 which was more […]


April 13, 2013
March 2013 House Prices.
by Mark Johnston

March 2013 House Prices. The finance Ministry and the bank of England have announced several measures since last to try to boost the housing sector. Therefore some experts feel with the funding for lending scheme appearing to have had an impact on the mortgage market and also with the help to buy scheme on the […]


April 1, 2013
Negative Equity in 2013
by Mark Johnston

Negative Equity in 2013. The national average house price fell by around 20 per cent between late 2007 and 2009. Nearly six years on from the housing market crash and it seems that most property is worth substantially less. House prices falls can leave home owners who hold mortgages with little or no equity in […]


March 17, 2013
Many Homes Sell at a Loss.
by Mark Johnston

Many Homes Sell at a Loss. For most home owners, when they sell their home is entirely up to them. For instance if they have a growing family they can still put up with the same home for awhile or if they need to move for work they could choose to rent out their home […]



House Prices in February 2013.
by Mark Johnston

House Prices in February 2013. At the moment it seems that British households have little room to make ‘big ticket’ purchases such as property. However, low mortgage rates and the bank of England’s funding for lending scheme appears to be slowly supporting the UK housing market recovery.


February 14, 2013
House Prices in 2013.
by Mark Johnston

House Prices in 2013. House prices have been flat or modestly declining across the UK since 2010,  therefore house prices have remained little changed over the course of 2012. Overall last year saw an even mix of monthly rises and falls as prices continued to lack any real direction.


Latest housing market news

Here is the latest information on the property and housing market in general.

October 12, 2013
Phase 2 of the help to buy scheme may prove expensive for borrowers!
by Mark Johnston

Phase 2 of the help to buy scheme may prove expensive for borrowers! For many young people nowadays, the dream of owning their own property looked set to stay just a dream. But that was before the government launched its help to buy scheme! Prime Minister David Cameron says that he” hopes the scheme will make the dream […]



Help to buy scheme (part 2) brought forward…..
by Mark Johnston

Help to buy scheme (part 2) brought forward….. The Government launched Help to Buy phase one earlier this year to give a boost to the housing market. The Government’s next boost for the property market claims it will help full fill people’s ‘aspiration’ of home ownership.



Buying a Property Off Plan!
by Mark Johnston

Buying a Property Off Plan! During the property boom years, buying a property off plan was a popular concept, but when the market plummeted, so did the demand for off plan. Government schemes have given house builders a boost in recent times and things it seems is finally starting to pick up.


October 4, 2013
Should More Products Be Available for Existing Mortgage Customers?
by Mark Johnston

Should More Products Be Available for Existing Mortgage Customers? Remortgaging can be a hassle but the good news is that mortgage rates are now at their lowest ever levels and by switching to a better deal, home owners could find their monthly repayments come down significantly, particularly if they have built up a decent chunk […]


September 26, 2013
The Banking Reform Bill.
by Mark Johnston

The Banking Reform Bill. According to many financial commentators the structure of the UK banking sector needs fundamental change, mainly in order to make banks more resilient to shocks and easier to fix when they get into difficulties and also to reduce the severity of future financial crises. The banking system was saved from collapse […]


September 25, 2013
A New UK Bank Enters The Market!
by Mark Johnston

A New UK Bank Enters The Market! Many financial experts believe that at the moment more competition in the financial lending market is both wanted and needed, especially from those who intend to offer more innovative and bespoke products. The British Bankers Association (BBA) has always welcomed competition for high street banking services and choice […]


September 24, 2013
Is There a Need for More Shared Ownership Properties?
by Mark Johnston

Is There a Need for More Shared Ownership Properties? It seems that the UK housing market went in to hibernation five years ago, and we have had to wait a long time to see some positive trends emerging since. According to the Halifax House Price Index house prices have risen by an average of £10,000 […]


September 22, 2013
Banks Still Failing With PPI Claims!
by Mark Johnston

Banks Still Failing With PPI Claims! Payment protection insurance (PPI) was an insurance sold alongside loans and credit cards. Many customers have only later discovered they did not need the cover, or would have been unable to claim on it. Therefore in a vast numbers of cases the insurance was merely nothing more than a lucrative […]



Is Now the Time to Grab a Fixed Rate Mortgage?
by Mark Johnston

Is Now the Time to Grab a Fixed Rate Mortgage? Mortgage rates have been slashed to record lows in the wake of government schemes such as the funding for lending scheme, to stimulate the property market. Currently four in five new mortgages are arranged on a fixed-rate basis, according to lenders’ trade body the Council […]



Warnings of Another House Price Bubble!
by Mark Johnston

Warnings of Another House Price Bubble! It seems that the mortgage market is once again moving, rates are at an all time low, lenders are flush with government cash, and at last they are keen to hand it over. The Royal Institution of Chartered Surveyors (RICS) published a recent survey which showed that home prices […]


Check this page on a regular basis as we publish all the latest news and views on the UK housing market for property prices as well as trends and predictions from the leading market commentators.