UK house price growth soars to 14-month high, Nationwide reports
UK house price growth soars to 14-month high
By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
- UK house prices rose at fastest annual rate – 1.9% – in January for 14 months say Nationwide
- Could be pent-up demand following the clear general election result and Brexit 31 Jan 20
- Prices up 0.5% on December, however, Nationwide, expects house prices to be flat in 2020
- Nationwide valued the average UK home at £215,897 which is still too high for many FTB’s
- Zoopla showed cities outside the south of England saw the biggest rises in prices in 2019
- Annual price growth was 6.1% in Edinburgh in December 2019 and Nottingham at 5.2%
- Bank of England monetary committee voted by 7 to 2 to keep UK base rates at 0.75%
- Learn about investing in property before buying anything!
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If you’d like more information on how to acquire wealth building assets using none of your money, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
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