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Purple Reign


Growth in UK house prices sped up in the year to October, says the country's largest mortgage lender, because of "improving economic conditions".

The Halifax said that prices rose at an annual pace of 9.7% last month - up from 8.6% in September.

During October itself, house prices rose by 1.1%, following a decline of 0.9% in the previous month.

The increase brought the average price of a flat or house across the country up to £205,240, a record high.

Martin Ellis, Halifax housing economist, said: "Improving economic conditions and household finances, together with sustained low mortgage rates, have boosted housing demand during 2015.

"Strengthening demand is filtering through into higher sales levels, although the on going shortage of supply is acting as a significant constraint on activity."

Why not make the most of what remains of the good weather to give your home a lift with a few odd jobs and improvements prior to the festive period. Don't hesitate to contact us on 0161 882 2233 for a FREE MARKET APPRAISAL of your home or for any assistance.

'Put your heart, mind, and soul into even your smallest acts. This is the secret of success.'

Kind regards

Eddie Ellis MNAEA
Director JP & Brimelow Chorlton.



The Accumulator Challenge October 2015

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