 |
 |
 |
 |
 |
House prices still rising
13 November 2006
New figures show that house price inflation picked up in September. According to the Department of Communities and Local Government,prices went up by 0.8% in September, pushing the annual rate of house price inflation up from 7.7% to 8%.
The DCLG also said that the cost of the average property in the UK rose slightly; from £197,631 to £198,552 between August and September.
Wales saw the strongest growth spurt, with annual house price inflation rising from 7% to 10.3% in September. England and Scotland also reported rises, but in Northern Ireland - which has seen strong house price growth this year - annual house price inflation fell from 26.6% to 23.6%. London's buoyant housing market continued to lead the way, with annual house price inflation hitting 9%.
House price growth this year has topped most analysts' expectations. It's thought to be down to a shortage of supply and strong economic growth.
| Please click here for a mortgage quote. All enquiries will be forwarded to LIMA Financial Services LTD: Residential Lending: |
||
| Abbey | GMAC | Preferred |
| Accord | Halifax | Principality |
| Advantage | Infinity Mortgages | Progressive |
| Alliance & Leicester | Intelligent Finance | Royal Bank of Scotland |
| Bank of Scotland | Kensington | Scottish Widows |
| Bank of Ireland | Leeds | Skipton |
| Birmingham Midshires | Lloyds TSB | SPML |
| Bristol & West | Mortgage Express | Standard Life Bank |
| Buildloan | Mortgages Plc | The Mortgage Works |
| Capital Home Loans | Mortgage Trust | TMB |
| Chelsea | Nationwide | The Mortgage Business |
| Cheltenham & Gloucester | Natwest | The One Account |
| Coventry | Northern Rock | UCB Homeloans |
| Dunfermline | Norwich & Peterborough | Ulster Bank |
| Edeus | Paragon | West Bromwich |
| First Active | Platform | Woolwich |
| First Trust | Portman | |
Lenders accessible through The Packagers: |
||
| Amber | Future | Money Partners |
| Beacon | High Street Homeloans | Rooftop |
| DB Mortgages | I Group | Scarborough |
| First National | London & Scottish | Swift |
| Freedom Lending | London Mortgage Co | Unity and Victoria Mortgages |
Commercial Lenders: |
||
| BOI | Heritable | Northern Rock |
| BOS | Interbay | RBS |
| Chase UK | Natwest | TBMC |
| Fiducia | ||
Overseas Property: |
||
| Blevins Franks | Conti Financial Services | Fidentia Group |
Life Insurance Providers: |
||
| Axa | Friends Provident | |
| Bupa | Health-on-line and Standard Life | |
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
