House prices hit record high in October as average home hits £323,500

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House prices hit record high in October as average home hits £323,500, says Rightmove

believed to be inline for redundancyCurrently, some sellers may also be getting too optimistic about what people will pay for their homes, according to the latest research.GETTING on the property ladder can feel like a daunting task but there are schemes out there to help first-time buyers have their own home.- It's a tax-free savings account where for every £200 you save, the Government will add an extra £50.

"Not only is the time left to sell and legally complete before the March 31 stamp duty deadline being eaten away by the calendar, but more time is also needed because the sheer volume of sales is making it take longer for sales that have been agreed to complete the process. Rightmove said that despite the effective market closure between late March and mid-May, 2% more sales have been agreed so far this year than in the same period in 2019.

The number of active buyers contacting estate agents in September was 66% up on a year earlier, only marginally down on a peak of 67% higher in July.

 

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