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"So, what can I say? National Home Buyers….were fantastic, yes, they made a good chunk of money on my house but you know what? They dug me out of a hole where I had given up hope of anything good happening. From start to finish they were very helpful, I must say though that Laura […]"

Mrs M, Devon

"Carol Bailey has been really amazing from start to finish in the whole home selling deal. she was our main port of call throughout the process. They as National Home buyers did exactly what they promised to do valued the property at a fair price. we agreed and kept there promise and time scale though […]"

Mrs. H, Devon

House price inflation hits lowest growth level

According to the latest Halifax House Price Index UK house price inflation is currently at its lowest yearly growth rate since July 2013 (4.6%).

House prices in the three months to October were 5.2%, which compared to the 5.8% it was in September this year continues to show the downward trend which has occurred over the past six months. In fact, the annual house price growth has nearly halved from a peak of 10.0% back in March 2016.

Halifax expressed their belief that this slowdown appears to be largely down to mounting affordability pressures, which have increasingly constrained housing demand.

Martin Ellis, Halifax housing economist, said: “House prices in the three months to October were largely unchanged compared with the previous quarter. The annual rate of growth continued its recent downward trend, easing to 5.2%.

“House prices in the three months to October were largely unchanged compared with the previous quarter. The annual rate of growth continued its recent downward trend, easing to 5.2%.”

He went on to say:

“Activity levels, like house price growth, have softened compared with a year ago. Home sales, however, appear to have stabilised in recent months following the distortions earlier in the year due to the changes to stamp duty in April.”

Recently a Nationwide survey stated that house price inflation was easing to 4.6% a year.

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  • We buy any house, in any condition anywhere in the UK
  • We work to a sale timeline that suits your needs
  • We will pay up to £1,000 of your legal costs
  • No costly Estate Agent fees
  • None of the usual stress associated with selling your home
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