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House price inflation – the cost of buying a home is 10.5% more expensive than 12 months ago

Jonathan Winston Jonathan Winston
1 min read

Double digit house price inflation – Market still sluggish but under supply means the cost of buying a home is 10.5% more expensive than 12 months ago

The Nationwide Building Society has said that house price growth has gone into double figures for the first time in three years. Its figures revealed that UK house prices went up by 10.5% in the year to the end of April, the highest since June 2007. The rise left the price of the average home at £167,802.

However Nationwide believe that the price surge will not last and by the end of the year sellers will begin to outnumber buyers. Despite the new figures, activity in the property market is still sluggish with the average first-time buyer having to put down a 25% deposit to secure a mortgage. Recent figures from HM Revenue & Customs show that completed sales in the UK rose by 22% in March but that that was the lowest March figure since HMRC current records began in 1978.

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I am very pleased with the service I received from Winstons, this is the second time I have dealt with them for conveyancing services and on both occasions Leasa was incredibly thorough and reassured me every step of the way. When other parties failed to deliver, Leasa ensured things were chased up and delivered/received with accuracy. I would highly recommend and will be sure to use Winston's again for any future property purchases
Charis
Would highly recommend Winston's.Both Leasa and Julie were extremely professional and we recieved regular email and direct call updates.In the middle of an extremely challenging chain, they went above and beyond and became intermediary's liasing with everyone else in order to get the conveyancing completed on time.Thanks again for a great service.Regards
Richard
My conveyancer Samantha and her associate Michelle kept me informed of the progress of my sale throughout the transaction. It was of benefit to me that the Winston office was local with plenty of parking. I would recommend them for any conveyancing
Ms H
Winston’s acted for us with our house sale and onward purchase. They have been excellent from start to finish. Leasa is extremely quick to respond to emails and more than happy to answer any questions. The online system is very efficient and helps keep you up to date with progress of the sale/purchase. Leasa and her team made the whole process so much less stressful than it could’ve been and we can’t thank them enough. We wouldn’t hesitate to recommend them.
Lucy
A helpful and thorough service that meant I felt confident that the house sale would be handled well.
Helen
Amazing service!
Anonymous
Winstons Solicitors made the whole process super simple and the transaction was very smooth. Great communication at all times. Particularly valued being able to talk to our conveyancer any time. Highly recommended!
Beverley
Samantha was absolutely fantastic as our solicitor for buying our first home. Very professional, incredibly prompt to reply and made the whole process incredibly easy. I would highly recommend anyone to use Winston Solicitors and we’ll definitely be using them again if we should decide to move home!
Ms Chamberlain
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