The debate about whether there is a pending resurgence or crash looming within the UK housing market continues to rage on. With passionate analyses of the situation the market is currently experiencing and consideration given to the present state of the economy, there is a division of prediction between analysts and experts.

Recent statistics reveal a steady rise in house prices not only within the UK capital cities but, for the first time in two years, also in outlying regions. Halifax, one of the biggest providers of UK mortgages, have released information that details a 1.6 per cent increase in the average UK house prices during the month of September. This rise has resulted in the average cost of a UK property increasing to a figure of £163,533.

The building society Nationwide have supplemented this positive news for the housing market with complementary statistics. Their research provides a documented indication that the whole of the UK experienced an increase in property values throughout the third quarter of 2009.

With these hopeful statistics, prudence in mortgaging or remortgaging your home is required. With contradictory analyses of the future of the housing market, it is more crucial than ever to seek professional advice with regards to the several products available on the market.

Expert economists from Nationwide and the Royal Institution of Chartered Surveyors are all expressing particular wariness over predicting a housing market recovery without experiencing turbulence. There has been a specific voicing of the need to take into consideration projected factors such as unemployment and interest rates and market confidence.

There are many points to take into account when considering any decisions about your property. Whether applying for a remortgage, refinancing or simply applying for a mortgage, it crucial to obtain independent professional advice.