There was a sharp rise in the number of first-time buyers entering the market in 2017, despite having to put down a deposit that is more than double what was required ten years ago.
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Macnairs + Wilson Solicitors Blog & News
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New research from Halifax has revealed the towns and cities in the UK that experienced the biggest increases in house prices in 2017, and also the biggest price falls.
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The latest House Price Index from Halifax has revealed that prices in the final quarter of 2017 (October – December) were 2.7% higher than in the same three months of the previous year.
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The average price of a property in Scotland in October 2017 was £143,544, the latest UK House Price Index (UK HPI) has revealed. This is an increase of 2.8% on October in the previous year but a fall of 0.7% when compared to the previous month.
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New research by Halifax has revealed that the total value of privately owned UK housing stock has surpassed £6 trillion for the first time.
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