United Kingdom Property News

House prices will rise say UK owners

Leading UK property experts forecast that house prices across most areas of the country will remain fairly steady for 2013 without much movement either way but the results of a new survey suggest home owners disagree. According to a recent house price sentiment survey home owners throughout all eleven regions of the UK agreed that house prices will increase during this year – this is the first time in more than two years that a positive price move perception has been voiced across all regions of the UK property market. London property owners are the most confident that their homes worth will increase during the next twelve months, closely followed by home owners in the wider south east. It seems homeowners are not put off by the often repeated gloomy financial outlook for the UK. The optimism about house price rises differs greatly between the north and the south of the country but the fact that optimism is widely spread should help to drive a recovery of the housing market.