house prices

Mortgage lending has topped the £1trn mark, according the latest figures from the Bank of England released this morning.

House prices have shown the strongest rise in two years, the latest data from the Royal Institution of Chartered Surveyors (Rics) has stated.

Annual house price inflation outstripped early predictions from the housing industry rising by 5.1% in April up from 3.3% the previous month, according to the government.

House prices rmeained virtually static last month increasing by a mere 0.1% in May, the smallest monthly rise since January's 0.2% fall according to the latest figures from the Halifax.

The Council of Mortgage Lenders (CML) has revised up its forecasts for housing market activity for 2006 and 2007, saying it now expects house prices to end this year 7% higher than at the start up from 2% in February.

The average London house price is now over £250,000 following consecutive price increases over eight months, according to data released by Haart estate agents.

AVIVA, BRITAIN'S largest insurer, is on the lookout for international joint venture partners as it laid out ambitious plans to increase overseas sales by "at least 10% a year" over the next five years, reports The Times .

House prices have risen for the sixth consecutive month and larger properties are out performing flats, according to the latest Royal institution of Chartered Surveyors (Rics) UK housing market survey.

Annual house price inflation in the UK fell from 3.4% in February to 3.3% in March, according to the latest data from the Department for Communities and Local Government. (DCLG)

The plight of first-time buyers has come under the spotlight again as two research reports claimed half now pay stamp duty while the number of first-time-buyer loans have plummeted to their lowest levels yet.