House Price Close To All Time High

Published 16th March 2015

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Are house prices close to an all time high?

A recent survey by Rightmove suggests that the price of property coming to market up by 1.0%, slightly lower than average rise at this time of year for three years suggesting pre-election slowdown

The average new seller asking price is just £30 below June 2014 record as high demand reduces the impact of tighter lending controls introduced in the April 2014 Mortgage Market Review

Buy-to-let investors cashing in their pension pots to raise larger deposits may drive prices up further at the low end of the market - agents are reporting uplift in interest ahead of new pension rules

The number of newly-listed properties up by 3.2% compared to last month, though first-time buyer properties which are likely investor targets have seen the lowest increase in supply (+2.6%) and are the sector seeing the highest annual price rise (+7.6%)

So if you are thinking of moving in the Stamford area call Sowden Wallis on 01780 754737.

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