Britain's housing market has finally "turned a corner", according to surveyors who report that rising prices and activity are no longer confined to the South East but are seen across the whole of the UK.
Chancellor of the Exchequer George Osborne has refuted suggestions that the government's Help to Buy scheme will start a house price bubble and confirmed the final details of the mortgage guarantee aspect will be released in two weeks.
House prices rose by 1.3% in August, the largest monthly increase since January 2010, according to data released by Nationwide.
Stephen Lowe asks if recent strong growth reported in the equity release market the result of a mini-boom or the start of a sustainable long-term trend?
UK house prices declined for the fourth time in five months in July, with prices falling by 0.7%, reported Nationwide.
Nationwide figures have today revealed average UK house prices rose by 0.4% in November and 1.6% on a year ago, adding to the mixed picture across the major house price indices.
House prices will increase by 15% over the next five years due to a shortage of available properties, according to economists.