Price increases have remained strong across the housing market in recent months. In February of this year Halifax noted a 32% increase on February 2013 home sales and a 34% rise in mortgage approvals.
According to official figures from the Office for National Statistics, UK house prices grew by 6.8% in January 2014 compared with a year earlier.
Chief Economist Robert Gardner said: “record low mortgage rates, improved availability of credit and the brighter economic outlook are all leading to increased demand for housing.”
Courtesy of British Association of Removers r&s magazine May 2014 and Halifax