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House Prices - Halifax says findings of the index are evidence of improvement

Leasa Foster Leasa Foster
2 min read

A Leeds Conveyancing Solicitors has welcomed the latest figures from the Halifax which show a significant rise in housing prices and says its own evidence supports the view there is a more sustained recovery underway.

Winston Solicitors was responding to figures in the latest Halifax house price index, which revealed a 1.5% rise in UK prices on a quarterly basis in May, the largest annual rise in almost three years, with prices in the three months to May at 2.6% higher than the same period in 2012.

Halifax says the findings of the index are evidence of a steady improvement in the property market since late last year and Jackie Smyth from Winston Solicitors supports that view.

She said: “The office has been busy with plenty of enquiries. House sales are coming in from all prices ranges, top to bottom, and the signs are encouraging that this is the beginning of a more lasting improvement as the economy emerges from recession.” She added that this year’s budget had been a factor with the announcement of schemes to help the housing market, including a £3.5bn investment in government loans to homebuyers on a tighter budget and a £12bn scheme to increase the availability of mortgages to those who cannot afford a bigger deposit.

Analysts see prices rising modestly through the rest of the year through added support from the Funding for Lending Scheme and Help to Buy initiatives.

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I recently updated my will with Winston Solicitors. Emily was very helpful and professional. She explained everything I needed to know very clearly and addressed any questions I had . The service was excellent
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Great experience and consistent feedback
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Good communication, clear emails, good attention to detail reacted quickly to problems.. We have used twice now and would certainly use her again as a convincing solicitor. Much better than other we have used in the past.
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The service from Sam and Paolo has been exceptional - timely, responsive and efficient through a highly stressful house purchase (no fault of theirs!) and we would highly recommend them both to anyone!
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I recenlty contacted Winstons Solicitors to assist with a appeal for my mother with the ICB regarding a continuing health care assessment. James Urquart Burton assited me with the process. He was exteremely helpful and understanding. James provided an indepth analysis and assesssment and was present at the appeal to assist me and advocate for my mother. Jame's work is diligent, professional and he is really responsive to any questions and queries. I highly recommned contacting James to help and assist with any appeals for Continuing Healthcare and Decision Support Tool reviews
Angela
Excelent service
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Amr and Joe at Winston Solicitors were great for the purchase of our new home. Being transparent with communication and providing updates when needed.
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