Archive for the ‘Nationwide’ tag
House Prices Roughly the Same as a Year Ago
The up and down nature of house prices in recent months is showing signs of stabilising after the Nationwide reported a 0.3% increase in the average price of a UK house during February 2011.
House Prices Slightly Higher in 2010
Throughout 2010, UK house prices have fluctuated marginally, seeing some increases but also decreases. However, statistics from the Nationwide suggest that potential equity release customers should be encouraged as 2010 finished with the average price of a UK home marginally higher than at the start of the year.
House Prices Still 1.4% Higher Than a Year Ago
New figures from the Nationwide have confirmed that house prices remain higher than they did a year ago. This will be encouraging news for potential equity release customers who might be able to release a higher percentage from the value of their home.
The Growing Influence of Equity Release
The influence of equity release appears to be growing with much of September’s news focusing on this.
The month started with news of house price drops again but this was tempered by long term encouragement for the housing market, which included forecasted 22% rises in value by 2015.
House Prices Increase Slightly in September
After a couple of small decreases in house prices over the past couple of months, the Nationwide has reported a marginal rise for September.
Equity Release Affected By and Affects the Economy
Over the past month, the equity release market has continued to be affected and possibly affect the poor economic climate. During August house prices dipped but, with retirement ages being put back and pensions reduced by the recession, the value of equity release – as a source of income in retirement – remains.
Long Term Housing Market Shows Encouragement
Houses prices dropped for the second consecutive month in August but the long-term outlook for the housing market shows promise. Homeowners approaching retirement will be encouraged by this news if they are considering an equity release scheme in the future.
Steadying the SHIP in the Equity Release Market
The month of July will be defined by encouraging news for the equity release market, news that saw SHIP (Safe Home Income Plans) speak positively about the future of the market.
Nationwide Report House Price Increase
After the Land Registry reported that house prices had dropped marginally in June, the Nationwide have released their figures that suggests house prices crept up by 0.1%. Whilst the drop reported by the Land Registry was minimal many homeowners considering equity release will be encouraged with these findings from the Nationwide.
More Good News For Potential Equity Release Customers
The trend of house price rises continued in May 2010 with the Nationwide reporting a 0.5% increase during the month. This could encourage some homeowners to consider an equity release scheme.
