In its latest housing market survey, Nationwide reports that the average price of a UK home rose by 0.4% in December, compared to a month earlier, to £162,103.
The increase takes the annual rate of gain to 5.9%, up from 2.7% in November.
However, the three-month-on-three-month rate of change, which is regarded as a smoother indicator of [...]
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Nearly 500,000 adults aged 35 to 44 moved back into their parents’ home in the past year, research reveals today
Land Registry data for November show the average house price in England and Wales rising for the sixth consecutive month, to £161,554.
The value of a typical home increased 0.9%, taking the annual decline to just 0.3%, or £8,800 above its April nadir.
Wales experienced the greatest monthly rise with a positive movement of 2.9%.
However, London continued [...]
The Federation of Small Businesses (FSB) is calling on banks to return to their “normal lending criteria” next year.
The FSB, which represents 215,000 small firms across the UK, said Britain’s five million small businesses will be at the heart of the UK’s move out of recession, but need more help.
FSB chairman John Wright said: [...]