01825 749721

Annual House Price Growth Continues

ONS have released figures from their latest house price index that hint towards continued growth as brexit failed to have any impact on June figures.

Annual House Price Growth at 8.7%

According to ONS’s figures, house price growth for the year from June last year had reached a high of 8.7%. This level of growth has not been seen since 2014.

While it is still early days, these figures come as a welcome relief within a time of uncertainty. June was always set to be a tough month as the EU referendum fallout begun, but figures show that there was no sign of a brexit panic. In fact, annual growth was actually up by 0.2% from the previous month.

Average House Price over £210,000

For the 15th month running, UK house prices reached a new record high. An average house price of £213,927 easily surpasses the record of £211,864 set in May.

House Price Growth

Source: Land Registry, Registers of Scotland and Land and Property Services Northern Ireland and Office for National Statistics.

The current rate of house price rise has seen development investment offer high returns over the past year. This is especially evident in the fact that in June 2015 the average house price was well below the £200,000 figure.

South East house prices up

House price figures for the UK can be skewed easily. Scotland and Wales see very little growth in comparison to England.

When we look closer at regional house price growth, the South East has consistently remained a region where house prices grow much faster compared to the rest of the England. Since June last year there has been a 12% increase in house prices. This has left the average house price at well over £300,000 for the past 4 months.

This helps to explain why we haven’t seen a dip in enquiries for property development finance from our clients across the south east. With growth currently so high compared to the rest of the UK, it offers a much better prospect for investment stability.

  • "We have found securing a competitive facility with Hunter Finance a refreshingly straightforward and easy arrangement and would not hesitate in recommending them to other London developers."

    Rob Burnham, Director, Greenplan Designer Homes

  • "Highly impressed by their honest approach to doing business, and following through on their promises."

    Thomas Elliot, Herongate Homes Ltd

  • "I have used Hunter Finance on a number of occasions. They have always provided a no-nonsense, hassle free, first class service."

    Tim Oliver, Connected Developments Ltd

  • "We don't believe there's a faster decision-making process than Hunters."

    Antony Payne, 77 Developments Ltd

  • "I will only use Hunter Finance in future - no one else compared."

    Steve Halls, Trenton Homes

  • "My experience of working with Hunters has been very successful. Their approach is very professional and flexible. They are not like a high street bank, (thank goodness) but individuals who accept that we are the customer. Old fashion values.”

    Keith Parker, Millhomes Ltd

News & Features

ONS have released figures from their latest house price index that hint towards continued growth as brexit failed to have any impact on June figures.

Annual House Price Growth at 8.7%

According to ONS’s figures, house price growth for the year from June last year had reached a high of 8.7%. This level of growth has not been seen since 2014.

While it is still early days, these figures come as a welcome relief within a time of uncertainty. June was always set to be a tough month as the EU referendum fallout begun, but figures show that there was no sign of a brexit panic. In fact, annual growth was actually up by 0.2% from the previous month.

Average House Price over £210,000

For the 15th month running, UK house prices reached a new record high. An average house price of £213,927 easily surpasses the record of £211,864 set in May.

House Price Growth

Source: Land Registry, Registers of Scotland and Land and Property Services Northern Ireland and Office for National Statistics.

The current rate of house price rise has seen development investment offer high returns over the past year. This is especially evident in the fact that in June 2015 the average house price was well below the £200,000 figure.

South East house prices up

House price figures for the UK can be skewed easily. Scotland and Wales see very little growth in comparison to England.

When we look closer at regional house price growth, the South East has consistently remained a region where house prices grow much faster compared to the rest of the England. Since June last year there has been a 12% increase in house prices. This has left the average house price at well over £300,000 for the past 4 months.

This helps to explain why we haven’t seen a dip in enquiries for property development finance from our clients across the south east. With growth currently so high compared to the rest of the UK, it offers a much better prospect for investment stability.

×

Google UK Property loans
5 / 5