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Those areas which are seeing more ambitious asking prices are somewhat insulated from the ongoing turbulence at Westminster – that or buyers and sellers in those areas are opting to ignore the headlines and carry on regardless, according to their personal circumstances.
Figures released in this morning's report shows that those who are currently moving house are still doing so, despite the headlines.
Average value growth remained steady on both a month on month and annualised basis, yet again proving that the UK housing market remains resilient despite the current political headwinds.
There is still a discernible level of buyer and seller activity as pent-up demand appears to have given way to a degree of commitment.
With the usual spring market perhaps not quite as bouncy as usual, we’re seeing continued lender competition as mortgage rates remain at or close to record lows.
This month's data shows the market is holding its own throughout the current continued period of political turbulence.
This month's report shows that in areas where prices have remained steady, vendors are pricing keenly in order to attract a buyer.
Those who are moving home at the moment are likely to find that lender competition has seen rates remain low.
The figures released by Nationwide House Price Index reports growth figures which continue to show modest increases.
Movers can take advantage of some of the most competitive mortgage rates which we've been seeing for quite some time now.
The data released from Halifax this morning suggests that values have increased on an annual, quarterly and monthly basis in February.
Vendors who would like to move are holding on until such time as the market in their area improves, providing a degree of insulation for values even where there are fewer buyers who are currently active.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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