Clients Introducers
  • About
    • Our Story
    • Simplify
    • Our Awards
    • Corporate Social Responsibility
  • Services
    • Our Services
    • Direct Conveyancing Service
    • Panel Management
    • eWay
    • Remortgage
  • Careers
    • Why Choose Us?
    • All Vacancies
    • Learning and Development
    • Employee Benefits
    • Meet Our People
    • Policies
      • Our Gender Pay Gap Report
      • Slavery and Human Trafficking Statement 2020/2021
      • Recruitment Privacy Policy
  • Introducers
    • Our Partners
    • Introducer eWay
    • Direct Conveyancing Service
    • Panel Management
    • Lender Services
    • Remortgage
    • Account Management
    • My Home Move My Reward Scheme
  • Clients
    • What is Conveyancing?
    • Client Services
    • eWay Demo
    • FAQs
    • Get an instant quote
  • Premier Property Lawyers
    • Our-in-house Law Firm
    • Contact Details
    • Premier Property Lawyers Website
  • News
  • Blog
  • Contact Us

UK summer property market in figures

September 24, 2015

UK property figures released for June, July and August show an active market as house prices rise, lending increases and demand stays strong.

Seasonal Round-up

  • August house prices increase by 9% year-on-year (Halifax)
  •  Average UK property price in August (when bought with a mortgage) was £264,250 (My Home Move)
  • Mortgage lending increases 9.3% year-on-year (e.surv)
  •  Average LTV increased by 1% year-on-year (My Home Move)
  •  One in 20 UK properties bought with a gifted deposit (My Home Move)
  • 8 buyers are chasing every house on the market (National Association of Estate Agents)
  • 25% of conveyancers have seen an increase in gazumping (My Home Move)
  • Property transaction activity increased by 7% year-on-year (HMLR/My Home Move)

Commenting on these figures, Doug Crawford, CEO of My Home Move, said, “Activity in the housing market over the summer months has remained strong. Demand for property is still high with August house prices having increased by 9% year-on-year, and a property now costs an average of £264,000 if purchased with a mortgage. This is all great news for sellers but for those needing to get onto, or move up the property ladder, it’s a difficult time. On the one hand lending is beginning to ease but on the other, many people still need to seek financial support from friends and family in order to secure a deposit.

“As always the summer has been a busy time for conveyancers, and as the UK’s leading provider of conveyancing services, My Home Move help nearly 13,000 people move home. Scale this up for the country and over 525,000 families bought and sold during this period, an increase of around 7% year-on-year, according to Land Registry figures. The only question that remains however is, can this be sustained as demand continues to outstrip supply?”

Go Back

LATEST POSTS

My Home Move wins again!

My Home Move Newcastle announce office relocation

My Home Move wins at Mortgage Strategy Awards 2019

Recent Posts
  • My Home Move wins again!

    July 19, 2019
  • My Home Move Newcastle announce office relocation

    May 28, 2019
  • My Home Move wins at Mortgage Strategy Awards 2019

    March 27, 2019
  • Conveyancing powerhouse created as The Simplify Group and My Home Move join forces to become ‘Simplify’.

    February 25, 2019
  • My Home Move wins Negotiator Awards 2018

    December 3, 2018
  • My Home Move wins at the British Legal Technology Awards 2018

    November 2, 2018

Contact us on 0345 234 0230 or email at info@myhomemove.com 2018. My Home Move Ltd.
All rights reserved. Registered in England & Wales No. 03874320
Registered office: 1 Frances Way, Leicester, LE19 1SH
Use of this website signifies your agreement to the Terms of Use and Online Privacy Policy.

© 2015 My Home Move |
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • Acceptable Use Policy
  • Modern Slavery Act
  • HTML Sitemap
  • XML Sitemap
  • Credits
  • About
    • Our Story
    • Simplify
    • Our Awards
    • Corporate Social Responsibility
  • Services
    • Our Services
    • Direct Conveyancing Service
    • Panel Management
    • eWay
    • Remortgage
  • Careers
    • Why Choose Us?
    • All Vacancies
    • Learning and Development
    • Employee Benefits
    • Meet Our People
    • Policies
      • Recruitment Privacy Policy
      • Our Gender Pay Gap Report
      • Slavery and Human Trafficking Statement 2020/2021
  • Introducers
    • Our Partners
    • Introducer eWay
    • Direct Conveyancing Service
    • Panel Management
    • Lender Services
    • Remortgage
    • Account Management
    • My Home Move My Reward Scheme
  • Clients
    • What is Conveyancing?
    • Client Services
    • eWay Demo
    • FAQs
  • Premier Property Lawyers
    • Our-in-house Law Firm
    • Contact Details
    • Premier Property Lawyers Website
  • News
  • Blog
  • Contact Us