UK house prices up 10.6% in the year to August

Average house prices in the UK increased by 10.6% over the year to August, up from 8.5% in the year to July 2021, according to data from the Office for National Statistics (ONS).

Budget 2021 and the impact on mortgages

As announced by Chancellor Rishi Sunak in this week’s budget, the stamp duty holiday has been extended and there is a new mortgage guarantee scheme to help first-time buyers.