Annual House Price Inflation 4.4% Say Nationwide

Posted: 28/1/2016

Nationwide Say UK Annual House Price Inflation is 4.4% plus...

a few more figures of interest:

The NAEA also reported that 44% of its members are seeing an increase in buy-to-let and second home purchasers trying to beat the April 1 deadline for when the 3% Stamp Duty surcharge comes in.

There was a 6% rise in mortgage lending by the big high street banks in 2015, with the year ending strongly.

Last month, mortgage borrowing by both value and number was 24% higher than in December 2014.

Altogether, there were 75,745 mortgage approvals, of which 43,975 were for house purchase.

The average size of mortgage for house purchase was £177,000, the British Bankers Association reports.

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