Hot news from the Halifax!

From Ian Harris, chairman of the National Association of Estate Agents and an agent with Watsons in Norwich.

RIMG0190Hot news!  The Halifax has today announced further encouraging news about the state of the UK housing maket, with its research showing the second consecutive monthly price rise, albeit that those prices are still 10.1% lower than a year ago.These latest figures also show that mortgage payments relative to earnings are now well below the long-term  average of 35% recorded over the past 25 years.  In my view this means that there is room for the market to grow as confidence continues to return.

Ian’s at Watsons on 01603 619916 .

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