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Rightmove House Price Index April 2019

Brian Murphy, Head of Lending for Mortgage Advice Bureau comments:

“The Rightmove House Price index provides a view from the coalface from estate agents across the country, and offers an interesting insight into consumer behaviour. It’s not exactly surprising to see that according to this set of data, the family homes market remains resilient. After all, for those who need more room to accommodate growing offspring, or indeed have to relocate due to schooling, the decision to move is rarely a discretionary one. Regardless of any ongoing Brexit uncertainty, today’s report points to the right time being now for these particular purchasers. This is, of course, understandable as, if you ask most parents, there comes a point when quality of life becomes the priority, rather than the consideration of political headlines.

“The good news is that in areas of the country where asking prices appear to have remained steady - or as the Rightmove report suggests, vendors are pricing keenly in order to attract a buyer - the competitive lending market continues to provide support.”

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