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Figures released by the Office for National Statistics have shown that house price inflation has fallen back slightly again. Figures released for the 12 month to November showed house prices up 5.1% on the year against 5.4% for the 12 months to October.
The average UK house price now stands at around £226,000 unchanged from the month before but up over the 12 months
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Research has shown that house buyers spent £9.7Billion moving home in 2017 with the average transaction costing more that £9500.
These figures include the obvious costs such as estate agents, solicitors and removal fees. They also include things like stamp duty and surveyors costs which a lot of house movers don’t factor for in their initial plans.
London was the most expensive area in which to move with the North East of England being the cheapest.
The good news is with the abolition of stamp duty for first time buyers up to £300,000 it should be cheaper for those buying their first house to get on the ladder this year.
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We arranged 17 viewings yesterday, arranged four valuations and received an offer on a bungalow in Caister.
Looking forward to what is left of 2017 and a fantastic 2018!
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We are now fully reopen and looking forward to an exciting and successful 2018! We look forward to serving customers new and old.
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Friday 22nd December 9am till 12noon
Saturday 23rd December 9am till 1pm
All offices closed 24th December to 27th December inclusive
Thursday 28th December 9am till 5.30pm
Friday 29th December 9am till 5.30pm
Saturday 30th December 9am till 4pm
All offices closed 31st December and 1st January 2018
Back open as usual Tuesday 2nd January 2018
A Merry Christmas and a Happy New Year to all.