A mixture of our Finance news articles from the property world. This includes new developments, auction dates and changes to the UK law.
First time buyer mortgages stimulated by minimal house price growth
UK house prices' modest 0.9 per cent year-on-year increase for April has helped first-time buyers, according to the Nationwide Building Society. The lender's monthly index showed a 0.4 per cent rise in prices in April compared with the previous month bringing the average house price in the UK to £214,920 compared with £213,102 in March. The building society's chief economist, Robert Gardner, said: "Indicators of housing market activity, such as the number of property transactions and the number of mortgages [...]