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How to boost bookings in my property let this summer
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Average UK house price surges by GBP20,000 in the year to February
Wed, 21st Apr 2021 13:55
(Alliance News) - The average UK house price rose by GBP20,000 in the space of a year.
House prices increased by 8.6% over the year to February, marking the highest annual rate of growth since October 2014, the Office for National Statistics said Wednesday.
The average UK house price was GBP250,000 in February 2021, which was GBP20,000 higher than in February 2020, it added.
Average house prices increased over the year in England to GBP268,000, an 8.7% increase, in Wales to GBP180,000, up 8.4%, in Scotland to GBP162,000, up 8.0%, and in Northern Ireland to GBP148,000, up 5.3%.
Five ways to help tackle debts head-on
By Vicky Shaw
Debt can seem like an overwhelming burden, and some people’s problems with debt have grown much bigger over the past year.
A recent survey by VoucherCodes.co.uk found on average, the 25-34-year-olds they polled had worked up £2,673-worth of debt since the pandemic lockdowns started.
Rachel Springall, a finance expert at Moneyfacts.co.uk, says some people who are struggling may want to approach a free debt advice service for support, before their situation gets worse. In the meantime, here are some tips from Springall to help people make a start on bringing debts under control:
High street lenders bring back 5% deposit mortgages as new scheme launches
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