House prices and demand continue their return to pre-credit crunch levels. Halifax house price figures indicated that on an annual basis housing demand remained strong, supported by growing economic recovery, rising consumer confidence, low interest rates and wage growth beginning to outgrow consumer prices.

Chief Economist Robert Gardner said that “Earnings growth is beginning to pick up, with wage increases finally outpacing the rise in the cost of living…”

Courtesy of  British Association of Removers r&s magazine May 2014, Halifax and Nationwide