According to rttnews. the average asking price for a house in the United Kingdom was up 0.7 percent on month in September, property tracking website Rightmove said on Monday – coming in at 306,499 pounds.
That follows the 1.2 percent contraction in August.
On a yearly basis, house prices advanced 4.0 percent – slowing marginally from the 4.1 percent growth in the previous month.
“The rising tide of prices is marooning more and more first-time buyers, out-stripping their ability to meet stricter lending criteria and afford the required deposits and monthly repayments,” said Rightmove Director Miles Shipside.
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