Confidence in house prices closes North/South divide

Professional Adviser
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Almost two-thirds of UK homeowners believe property prices will continue to rise, but confidence in ...

Almost two-thirds of UK homeowners believe property prices will continue to rise, but confidence in property rise has progressed further in the north than in the south. Latest figures from the Woolwich confidence research suggest 73.5% of southerners think property prices will increase, compared to just 63.3% of northerners - a gap of 10.2% compared with 2.8% in August. Andy Gray, head of lending, Woolwich says "Britons' confidence in the housing market is now being driven by the north. Northerners' confidence is catching up with their southern counterparts and is ahead of confide...

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