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01/10/2001
UK house prices soar by 2.8 per cent
UK house prices rose 2.8 per cent in September, the highest monthly increase in eight years, according to a report by the building society Nationwide.
The figures revealed in the report reveal that the price of the average UK home was 15 per cent higher last month than in September 2000.
But Nationwide researchers said it was too early to predict what effect, if any, the US attacks would have on the property market.
But despite the gains in house prices Nationwide left the projections on house price growth for 2001 unchanged at 11 per cent due to a high risk of recession in the US.
Nationwide said that it would be some time before the slowdown would be seen.
The Bank of England also released separate figures which showed mortgage lending reached £5.05 billion in August.
Although consumer credit growth slowed, rising to £1.2 billion, the figure stood well below the £1.4 billion predicted by analysts earlier this year. (CD)
The figures revealed in the report reveal that the price of the average UK home was 15 per cent higher last month than in September 2000.
But Nationwide researchers said it was too early to predict what effect, if any, the US attacks would have on the property market.
But despite the gains in house prices Nationwide left the projections on house price growth for 2001 unchanged at 11 per cent due to a high risk of recession in the US.
Nationwide said that it would be some time before the slowdown would be seen.
The Bank of England also released separate figures which showed mortgage lending reached £5.05 billion in August.
Although consumer credit growth slowed, rising to £1.2 billion, the figure stood well below the £1.4 billion predicted by analysts earlier this year. (CD)
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07 March 2002
Halifax report continuing rise in house prices
House prices in the UK have risen by almost 17 per cent according to the latest survey figures released by the Halifax. The report, published on Thursday 7 March, has shown that in February, property prices rose by more than one-sixth on the same time a year earlier – representing the fastest annual rate of growth in 12 years.
Halifax report continuing rise in house prices
House prices in the UK have risen by almost 17 per cent according to the latest survey figures released by the Halifax. The report, published on Thursday 7 March, has shown that in February, property prices rose by more than one-sixth on the same time a year earlier – representing the fastest annual rate of growth in 12 years.
05 September 2001
Halifax report houses prices are continuing to rise
The latest figures released by leading mortgage lender Halifax have shown that the annual rate of house price inflation has hit 10.9 per cent. The Halifax, UK’s largest mortgage bank, also revealed that that house prices in August rose by 1.5 per cent, more than twice the increase seen in July.
Halifax report houses prices are continuing to rise
The latest figures released by leading mortgage lender Halifax have shown that the annual rate of house price inflation has hit 10.9 per cent. The Halifax, UK’s largest mortgage bank, also revealed that that house prices in August rose by 1.5 per cent, more than twice the increase seen in July.
04 September 2001
Nationwide revises housing prediction
The Nationwide building society has reported house prices up 0.4 per cent last month, and predicted that house prices will end the year 11 per cent higher than they began, compared with an earlier forecast of a seven per cent rise.
Nationwide revises housing prediction
The Nationwide building society has reported house prices up 0.4 per cent last month, and predicted that house prices will end the year 11 per cent higher than they began, compared with an earlier forecast of a seven per cent rise.
07 December 2005
'Strong rise’ in UK consumer confidence
Consumer confidence is on the rise in the UK ahead of Christmas, the Nationwide building society has reported. The Nationwide reported that its Consumer Confidence Index had risen by 9 points in November to 101 – the largest monthly change recorded.
'Strong rise’ in UK consumer confidence
Consumer confidence is on the rise in the UK ahead of Christmas, the Nationwide building society has reported. The Nationwide reported that its Consumer Confidence Index had risen by 9 points in November to 101 – the largest monthly change recorded.
20 February 2002
NI house prices still rising
A report by the University of Ulster has revealed that house prices in Northern Ireland are still rising, but the recent boom in the property market has slowed down.
NI house prices still rising
A report by the University of Ulster has revealed that house prices in Northern Ireland are still rising, but the recent boom in the property market has slowed down.
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Northern Ireland WeatherToday:Very windy with persistent and occasionally heavy rain at first, becoming drier with the wind easing towards midday. Mainly dry with bright spells increasing during the afternoon. Milder than of late. Maximum temperature 14 °C.Tonight:Cloudy with clear spells, mainly dry evening becoming windy with rain at times from late evening. Turning drier with clear spells towards morning. Milder than of late. Minimum temperature 2 °C.
