UK house prices rise steeply to reach new record high

 

Read the Halifax House Price Index publication here and key findings: 

 

• Monthly house price growth 1.4% - the biggest increase for six months

• Two years on from the first lockdown, house prices have now risen by £43,577

• Cost of living pressure likely to slow the rate of house price growth this year

Rachael Mitchell, Head of Conveyancing and Licensed Conveyancer

“We’ve noticed that house prices in the East Midlands and especially in the Market Harborough area remain very high and the house move market is still very competitive on price.

It’s no coincidence that just down the road in Rutland, Uppingham has been voted by The Sunday Times as the best place to live in the Midlands for 2022 and this whole geographical location is an undiscovered gem, especially for London and city commuters looking for a country sanctuary and a working from home retreat. The high prices look set to continue.”

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