An article has been released today stating that the average house price will rise 25.7% by 2018 according to Savills - a leading international estate agent.
There has been quite a large amount of news regarding the property market recently, with claims that it is nearly impossible for first time buyers to get onto the property ladder. That said, there are still areas in the UK where you can buy a property that won't cost you an arm and a leg!
Savills predicts London will struggle to keep up strong momentum it has seen in recent months. By the end of this year, it forecasts prices will have risen 15 per cent in the capital – far higher than the 8.5 per cent originally predicted.
But in 2016, it expects values to be flat in the capital, followed by smaller percentage rises than anywhere else in the country in both 2017 and 2018.
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