UK Property Prices Perk Up In 2013

UK PROPERTY PRICES PERK UP IN 2013 Mortgage lending picked up in 2012, led by a big rise in first-time buyers, according to the Council of Mortgage Lenders (CML) The number of first-time buyers rose by 12% in 2012 to 216,000, the higest number since 2007 In 2012, the number of loans for all house buyers rose by 6% to 540,200, the highest number since 2007 UK house prices rose by 3.3% in 2012 The 2013 market 12% sees highest ever new seller asking prices in the month of March, Increase in new seller numbers yet unsold stock remains little changed indicating increase in sales up 1.7% (+3,969) on February 23% of home-movers believe prices will be higher in a year's time 60% of home-movers believe prices will be 'more or less the same' in a year's time Southerners travel an average of six miles when moving home, typically enough to take them away from their home town or village. Those in the North travel three miles and stay within their home community. The results suggest that Northerners would rather endure a long commute than abandon their roots. Brought to you by: QuickHouseSalesUK.co.uk http://www.bbc.co.uk/news/business-21385919 http://www.rightmove.co.uk/news/house-price-index/march-2013 http://www.dailymail.co.uk/news/article 2169487/Southerners- twice-far-home-true-roots-Northerners.html