Tag: Halifax

Halifax records 0.5% house price drop in February

The Halifax has published its latest house price index for the month of February. And those figures show that on a monthly basis, UK house prices have fallen by 0.5%. That reverses the increase of 0.6% which January witnessed. Prices in the quarter leading up to February dropped by 1.1% from the previous three months, [...]

March 6, 2012 | 0 Comments More

Halifax: House prices up 0.6% in January

The Halifax has released its latest House Price Index report. And the news for January is that the price of the average house in the UK rose by 0.6%. That’s the first rise recorded since October 2011, with house prices in the quarter to January being 0.9% lower than the previous three months (and 1.8% [...]

February 6, 2012 | 0 Comments More

Owning a home more economical than renting?

According to an article published in the Daily Mail over the weekend, owning a house in the UK now works out to be considerably more economical than renting. The newspaper article is based on research carried out by the Halifax into the current cost of both alternatives. The study found that based on recent mortgage [...]

January 30, 2012 | 0 Comments More

Halifax says mortgages at most affordable levels since 1997

The Halifax has been doing more house price related research, and has declared that according to its bean counters, mortgages are now at their most affordable levels since 1997. Of course, unlike 1997, you can’t get a mortgage (or one of the affordable ones, certainly) without forking out a huge deposit which most people don’t [...]

January 16, 2012 | 0 Comments More

Halifax says 2011 house prices down 1.3%

The Halifax has released its latest house price index figures for the UK, which show that prices have fallen slightly over 2011. In fact they’ve dropped by 1.3% on average over the past year, according to the Halifax’s measuring stick. That leaves the price of the average house in this country at £160,060. That correlates [...]

January 6, 2012 | 0 Comments More

Halifax says property prices rise only 0.1%

House prices were up in May in the UK, but just by 0.1 percent, according to new data from Halifax, to an average of £160,519, after having dropped 1.4 percent in April. The price of a house, however, was 4.2 percent lower than it was in May of last year, when it cost an average [...]

June 7, 2011 | 0 Comments More