UK house prices have been in an inconsistent run over the past several months with the addition of uncertainty created by the Brexit vote and subsequent negotiations which have yet to be wrapped up. Some areas of the country are carrying on with month on month and year on year growth, but the majority of regions have seen pricing sitting idle or at the very most moving moderately.

According to the Royal Institution of Chartered Surveyors, growth outside the city of London, specifically the West Midlands, East of England, and Wales, has been rising month on month and year on year. This is likely due to the number of affordable homes which have been completed and the number of commuters who have found the cost of living and property at a pricing point they can afford.

According to RICS data, London seems to be showing signs of falling house prices, and have for months. Investors in the capital city remain cautious as buy to let landlords are reducing the number of properties held in their portfolio. Taxes and a more challenging lending climate have forced many to reduce holdings and approach their craft differently.

Remortgage activity remains strong across the country as many housing experts have urged homeowners for months to look into a new deal with a lower fixed rate. Talk of a possible interest rate hike has sent many lenders to increase the rates on popular deals in anticipation of such a move. There is still time to remortgage and find a deal suitable to most financial situations, according to those close to the market.