According the press house prices are set to continue to surge across the South West by in the region of 6% per year, for the next five years. It is reported that this is as a result of a severe shortage of housing.

Prices across the South West are said to have risen by around 7.5% year-on-year to April.  As a result the average home in the South West region is reported to be worth £198,325 – which is close to the pre-recession levels - according to a Nationwide report.

It is believed tha...

The latest research from Halifax has shown that there were approximately 12% more first time buyers in 2012, an increase of 193,000 since 2011. This is the largest annual total since 2007.

Halifax’s research further detailed that the average price paid by the typical first time buyer in November 2012 was affordable based on the average UK wage.

The typical property price paid by a first time buyer last year was £139,921 showing a 3% increase on 2011. The Telegraph recently reported that appr...