The latest data and analysis on UK house prices by ONS
has revealed a slowdown in house price growth for a second consecutive month.
Compounded by supply issues, the annual growth rate has remained under 5%
throughout 2017 and into 2018. According to ONS, the fall in house price growth
across the UK is driven mainly by a fall in the capital. There, average house
prices decreased by 1.0% in the year to February 2018 - down from a 1.3%
increase in January 2018. The report also revealed that the average UK house
price was £225,000 in February 2018. This is £9,000 higher than in February
2017 and broadly unchanged from last month. Read more on the Property Reporter
website.
Fee hikes will price us out of canals, say houseboaters in England and Wales
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Charges to go up by as much as 75% for widest vessels under five-year
licence increases that started in April
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