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Five Things Keeping House Prices Flying High
Halifax: House prices increase by 8.2% in April 2021
| £258,204
Average price |
+1.4%
Monthly change |
+0.9%
Quarterly change |
+8.2%
Annual change |
With strong growth showing in the latest Halifax house price data, what is keeping the house price rise from crashing?
- Strong consumer confidence in a house as a financial asset and a Government firmly committed to home ownership.
- Protection for homeowners during the pandemic; including furlough, payment holidays, and 95% mortgages for first time buyers.
- Attitudes to living and working changing during the pandemic and prompting a change in the way we live.
- Rock bottom mortgage rates and cheap mortgage finance.
- The waiving of stamp duty by the Government and its extension to June 2021.
For further information, please contact Ed, Kelly or Rob on 01284 365345 or email ed@granitebw.co.uk / kelly@granitebw.co.uk
Building warranties are made simple with our 4 stage process of quotation, selection and payment, inspections, and certification. We are specialist brokers with over 10 years of experience in the industry, with market leading knowledge and strong relationships with the warranty providers.
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Granite Building Warranties Ltd is an Appointed Representative of Richdale Brokers & Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority.
Granite Building Warranties is a company registered in England and Wales (Company Number 11497543) with its registered office at 1st Floor, 5 Century Court, Tolpits Lane, Watford, WD18 9PX.”