Despite the uncertainty caused by the Brexit decision, house prices still look likely to increase by 5.7% on average during 2016, according to the Centre for Economic and Business Research (Cebr).
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Macnairs + Wilson Solicitors Blog & News
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The latest House Price Index has revealed that the average property price in Scotland in May 2016 was £141,142. This was an increase of 4.0% on the previous year and an increase of 2.8% when compared to the previous month.
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As many as 63% of people in Britain admit to ‘window shopping’ online for homes that they have no intention of purchasing, according to a new study by Direct Line.
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The latest House Price Index from Halifax has revealed that house prices in the three months to May were 1.4% higher than in the preceding three months. This was slightly below April’s 1.5% and was the lowest since November 2015 (1.4%).
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Property prices across the UK have risen considerably with many experts stating that those considering selling a property should do so while demand is currently exceptionally high.
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