U.K house prices rise at the fastest pace since 2006:
By November this year the average price of a property in the U.K was £272,992. This is £20,000 more, 10.4% more (as a percentage) than December 2020. Now, Why might this be, you ask? According to Russell Galley- who is the managing director at Halifax -suggests that the issue is a shortage in available properties and competition between mortgage providers to keep their rates at “historic lows.” Shockingly, the house sales , post the stamp duty holiday, have plummeted and show a 9 year low. Many believe this is due to the COVID-19 variants which have restricted citiz
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