House price growth up across UK in '06 says Nationwide by Finance News Bulletin

Published: 27/02/07

House prices growth across the UK accelerated through the first quarter of 2006, Nationwide's House Price Report has revealedThe increase is the fastest growth since the third quarter of 2004, reaching an annual rate of enlargement of 49 per cent, bringing the average house price up to £160,319The fastest enlargement was found in Northern Ireland, where prices increased by 17

6 per cent, more than three and a half times the UK averageThe lowest enlargement was found in the north of the UK, where it was limited to 05 per cent, a tenth of the averageLondon has also appeared invigorated, with a healthy year for City bonuses and limited supply approaching prices to an yearly five per cent growth, or 2

2 per cent in the quarterThe period script the first time that London reached above the UK average in four existence Prices across the south-east also grew but at a slower rate than elsewhereYorkshire and Humberside also saw quick growth, continuing their strong run at above the UK standard over the past four years

In Scotland, Aberdeenshire and Moray saying the fastest growth during the first three months of 2006, averaging 18 per centAn upbeat marketplace has also fuelled mortgage borrowing with an outbreak of competitive pricing hopeful homeowners to compare mortgage rate dealsMoneyExpert Limited is authorised and regulated by the monetary Services Authority (FSA Registration No 301654)

The monetary Services Authority does not regulate some forms of mortgage agreement, credit cards,

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