Independent Mortgages Direct NE

House Price Falling Graph

House Prices Record First Annual Decline Since 2012

UK house prices have recorded their first annual drop since 2012 due to heightened economic pressured, however, the average house price remained virtually unchanged at £286,532, down slightly from April’s figure of £286,662.

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Gary Howe
Qualified and experienced Mortgage Broker and Principle of IMDNE with over 30 years experience looking after retail mortgage customers. Authorised and Regulated by the Financial Conduct Authority (FCA Ref 301727) and a member of the Association of Mortgage Intermediaries (AMI).