House Prices Back To 2008

More UK Property News from Dibben and Dibben as UK house prices have now recovered to the same level as a year ago, according to the latest Nationwide figures. The average price of a home last month rose by 0.9% to £161,816, almost identical to September 2008. The building society said house prices had now risen for the fifth month in a row.

However, the nation's homeowners continued to pay off more of their mortgages between April and June, according to the Bank of England.

A further £7bn was added to people's equity in the country's housing stock, as homeowners accelerated the repayment of their home loans, or put down bigger deposits when taking out a new mortgage.

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