Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it
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Thursday, 31 December 2009 08:58 |
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House prices recorded a 0.9% rise during November, meaning the annual rate of decline in the property market has eased for the seventh month in succession. Figures released by the Land Registry show a clear improvement in the average price of a home in England and Wales. Six straight months of growth have seen the value of the average property rise to £161,554, up from £159,546 at the end of October. The rate of annual change remains in negative territory but the margin of difference is closing and could be positive by next month. Last month's figures showed that prices were some 3.4% down on the same period 12 months previously. November's figures show that gap has been reduced to a mere 0.3%
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