Friday 26 May 2017

Housing Market Remains Steady Ahead Of The General Election

The UK housing market remained steady in April despite the news of a snap election in June and "ongoing uncertainty around Brexit", according to data from the Mortgage Advice Bureau. During the month the average selling prices increased by two per cent while the typical purchase loan size was up by the same amount. There was a minimal change in average size of remortgage month-on-month (0.6 per cent increase) while the average purchase price for first-time buyers remained broadly unchanged on the previous month (1.23 per cent increase). Read more on City AM.

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