It means the average home has earned its owner almost £2,500 in the last month alone.

The wet weather has not curbed would-be buyers' enthusiasm and the market is still very strong, according to Nationwide.

The price of a typical house is now £184,070 - more than £18,000 higher than this time ... read more

There was a strong rise in house prices in June of 1.1 per cent, research out today shows.

The Nationwide house price index for June finds the average UK house price is £184,070, up from £181,584 in May.

House prices are up 11.1 per cent since June 2006, the survey finds.

However, Nation... read more

Cape Verde property is "about to make a big impact" on the overseas housing market in emerging investment locations, a leading property group predicts.

Assetz explains the introduction of mortgages on the group of islands off Africa's west coast will create "huge opportunities" for investors as ... read more

Britons looking at buying property in Spain have had their life made easier by HSBC, with the bank offering a bilingual service.

HSBC customers no longer need to employ a translator or struggle by in Spanish, after the bank signed an exclusive deal with Spain’s multilingual bank Solbank.

Spa... read more

Mortgage lending is slowing despite still hitting record levels, figures out today reveal.

The Council of Mortgage Lenders (CML) reports a record £30.6 billion in mortgages was lent in May, up five per cent since the same time last year.

"While today's lending figure is a new record for the ... read more

House hunters are increasingly turning to the internet to start their property search, a new study reveals.

Research from Halifax Estate Agents shows 29 per cent of house hunters say they would begin their property search online.

The survey also finds homeowners are almost three times more l... read more

The house building market will be coming under scrutiny from the Office of Fair Trading (OFT), the organisation announced today.

The "groundbreaking" study will examine two key areas - the delivery of housing and the new-build home buying experience.

"Following the recommendations of the Bar... read more

Large, landscaped gardens add 12 per cent on average to the value of properties worth over £600,000, new research shows.

A survey by Haart estate agents finds British buyers love properties with outdoor features, with swimming pools, river and waterside settings and tennis courts among the top v... read more

New calls for the government to cut the tax relief given to buy-to-let property owners were made today by the Chartered Institute of Housing (CIH).

At the institute's annual conference today the president warned the tax-relief available to the buy-to-let market was making the affordability issue... read more

Finding out someone famous used to live in your house can add ten per cent to its selling price, a study out today reveals.

Research by Ancestry.co.uk shows homeowners are increasingly looking to uncover the secrets of their properties, with 21 per cent of Brits researching their home's history.... read more

Affordability for first-time buyers on the property ladder has reached its worst point for 15 years, new research reveals.

The Council of Mortgage Lenders (CML) finds the percentage of their income that first-time buyers are spending on mortgage repayments has reached 18.7 per cent - its highest... read more

Northern Ireland's huge house price rises have seen first-time buyer levels in the province reach their lowest point in 26 years.

That is according to the Council of Mortgage Lenders (CML), who urged the Northern Ireland Assembly to tackle affordability issues yesterday.

Addressing delegates... read more

The UK's average house price rose by 1.2 per cent from March to April, statistics from the government reveal today.

The Communities and Local Government (CLG) house price index shows the price of the average property was £209,454, up 11.3 per cent since last April.

The survey finds property ... read more

Aberystwyth is the most highly-rated town to be studying in, new research reveals.

The Welsh market town was rated top for going out, shops, transport links, its community spirit and facilities, scoring 64 per cent in the survey.

Closely behind were Brighton, Manchester, Exeter, Glasgow, Edi... read more

House price growth remained steady in May at 0.5 per cent, the latest house price survey from the FT reveals today.

This puts the price of the average property in England and Wales up to £220,319, up £1,176 from April to May.

Compared with the same month last year house prices are up 8.5 per... read more

The country's property hotspots have been revealed by a new index based on where young affluent professionals, or "Yappies", are currently living.

That is according to a new study commissioned by More Than, which looked at homes occupied by young professionals earning over £27,000 a year that ow... read more

Latvia is still the top property investment location for house price growth, new research shows.

Knight Frank's global residential house price survey reveals house prices in the eastern European country's capital Riga have risen 61.2 per cent in a year.

This compares with a global average of... read more

Interest rates are on hold at 5.5 per cent for June, the Bank of England announced today.

Following the decision to raise interest rates last month by 0.25 percentage points, the Bank of England's monetary policy committee (MPC) was widely predicted by lenders and property market experts to keep... read more

A new organisation has been launched to tackle the "critical" issue of the nation's housing.

The new National Housing and Planning Advice Unit (NHPAU) has been set up with the aim of slowing down the property market and helping make it more affordable.

"Over the last decade, it has become in... read more

Monthly house price growth dipped in May, as the average house price rose to £181,584.

Prices rose by 0.5 per cent this month, after monthly growth of 0.9 per cent in April, the latest figures from Nationwide reveal.

But, similar trends last year mean annual house price growth remains fairly... read more