UK house prices increased by 2% in April and by 4.4% in the first four months of 2006, according to the latest Halifax House Price Index.
There were only six towns out of the 392 surveyed which had an average price below £100,000 in quarter one of 2006, compared with 134 in the same period in 2003.
However, Halifax predicted higher utility and council tax bills to lead to house price growth moderating in the second half of 2006.
100 new clients
Achievements, charity work and other happy snippets
Square Mile’s series of informal interviews
Partner Insight: The rise in demand for DFM and multi manager solutions has been largely driven by new mandates from the regulator, says James Bampton, head of UK intermediary distribution at Architas