House Prices Bounce Back To Pre-Recession Levels...

June 20th 2013
By: Melanie

According to latest statistics the average home now costs £6,125 more than it did in 2012. The increase has been mainly in London, where foreign investors have been buying up homes, resulting in an increase in house prices.

First time buyers are also finding it easier to access mortgages, thanks to schemes such as Help to Buy and Funding for Lending which has increased mortgage lending in the UK.

The Council of Mortgage Lenders have also said that the future remains positive for young people trying to buy a new home, over the past four months the number of mortgages available to first-time buyers was up by 11% higher than on the same time last year.

If you are a looking to purchase a home and would like more information on how you can access any of the government schemes, then why not pop into your local Intercounty, where our mortgage advisors will be able to give you help and advice.