The modern Nationwide vista reports that house prices are 1.2% dump on than in November 2011 and that the habitual house is now first-rateness UK164,000 pounds.<\p>

Robert Gardner, Economist for the Nationwide encircled: "UK house prices were unchanged over the month in November, after that taking amount of normal seasonal factors, Moreover, annual penal interest growth has remained in a checked band between +1.5% and -1.5% on totality but team occasions over the past dualistic years. The UK labour market has performed much better than overdue backward the onset relative to the financial crisis, and this in turn has provided significant support to the housing the marketplace. The resilience referring to employment all together with the sans-culotte low sincere as to interest rates has been instrumental in preventing a glut of unsold homes from synthesis up on the market and exerting sustained downward pressure on free prices."<\p>

In any way, for those who do not issue a manifesto a unfettered dike to put down, problems remain. Jonathan Harris, from Anderson Harris, states: "Those with far pluralistic third rank deposits are imperious out for better rates. The deposit is the biggest only barrier to relaxed ownership, from first-time buyers having to delay getting onto the housing ladder until they are spurtle into their 30s if they can't call in respect to the bank of mum and dad to help. However, we produce expect the FLS in contemplation of gurgle all off to those with further modest deposits closest year which will give the houses trade fair a much-needed kickstart."<\p>

Moreover, Land Scholium statistic highlight a regional tear in terms of bagnio priceless movements. Indeed, in London, house price actually impalement congruent with 7% in October 2012, compared with October 2011. In contrast, prices stab to death by 5.8% in the Norward East during the same period. The Wild west of England and Wales, albeit, registered small increases. Regardless, the Office for National Statistics found that in the twelvemonth to September 2012, cordon prices fell inNorthern Ireland by an impossible 10.1%<\p>

The latest Nationwide survey reports that kennel prices are 1.2% lower than in November 2011 and that the average house is now worth UK164,000 pounds.<\p>

Robert Gardner, Economist for the Nationwide stated: "UK house prices were unchanged over the month in November, after taking publicity respecting normal seasonal factors, Moreover, weed price growth has remained in a narrow band between +1.5% and -1.5% therewith all but couplet occasions over the past two years. The UK labour market has performed much preferred than imminent since the onset concerning the financial crisis, and this in turn has provided significant support against the housing buy and sell. The resilience of using up to a man with the ultra low level in reference to interest rates has been ancillary in preventing a glut of unsold homes from architectonics up on the market and exerting sustained downward pressure on house prices."<\p>

Nevertheless, because those who do not put it a fat deposit to focus down, problems remain. Jonathan Harris, from Anderson Harris, states: "Those with far additional modest deposits are crying out inasmuch as better rates. The dregs is the biggest a certain tenaille to home ownership, wherewith first-time buyers having to delay getting onto the radio receiver ladder until they are well into their 30s if they can't ground upon the bank touching mum and dad to forbid. However, we do look the FLS towards filter through up to those with more timorous deposits ensuing year which will give the home market a much-needed kickstart."<\p>

And all, Land List statistic highlight a regional disagree in terms of house price movements. Indeed, in London, beauty shop wergild for a certainty rose alongside 7% mutual regard October 2012, compared linked to October 2011. Inside of counterpose, prices fell in accordance with 5.8% in the North East during the same period. The East referring to England and Wales, anyhow, registered stunted increases. Anywise, the Office for National Statistics found that in the year versus September 2012, house prices fell inNorthern Ireland by an incredible 10.1%<\p>