Latest Property Values News

More than six out of ten householders believe that UK properties are set to continue appreciating in value over the coming months and years, according to new research.

The Association of Investment Companies polled people with buy-to-let mortgages and found that 62 per cent of the general public and 44 per cent of active investors expect UK house prices inflation to continue unabated.

And figures released this week from Rightmove.co.uk will only bolster their optimism, with the property portal revealing that the average cost of a dwelling rose another 2.6 per cent this month, up to its current level of £241,642.

Although recent interest rate hikes have taken a toll on the affordability of real estate and the credit crunch has squeezed some mortgage holders out of the market, many analysts insist that prices will continue to be driven up until the UK's housing stock shortage is addressed.

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© Adfero Ltd

Author:  Joanne McCabe

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