The pace of house price growth slows

PA

House price rises in the UK slowed during the year to the end of May – an increase of 1.9%, according to the lender.

The Halifax, part of Lloyds Banking Group, said the change reflects “a relatively modest” housing market.

The cost of a typical home was now £224,439, the Halifax calculated from its own mortgage data.

It should also be said that, while detached and semi-detached homes were the most common purchases, the apartments he had seen larger price increases over the past five years.

Apartments increased in value by 48% between 2013 and 2018, the Halifax has said, compared to 39% for all property types in the same period.
Hard bargaining

The lender said that house prices in general, was increased by 1.5% in May compared to April. The less volatile quarter-on-quarter change found that property values had risen 0.2%,

London estate agent Jeremy Leaf said that there was “no real reason” in the market at the moment.

“Buyers and sellers [are] difficult negotiation, but not always with success,” he said.

“Looking to the future, we expect more of the same and probably a bit better as you await figures that reflect the crucial spring market period.”

Increase the number of bedrooms

Adjust the amount of the deposit

The regular monthly payment amount

No affordable areas

You have a large enough deposit and your monthly payments are high enough.
The prices are based on the local market. If there are 100 properties of the right size in an area and in price order with the cheapest first, the “low-end” of the market will be the 25th property, “mid-price” is 50 °, and “high-end” will be 75.

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