UK housing market house price growth has been quite a news item over the past twelve months. The uncertainty of what will transpire now that Brexit is officially moving forward has had many close to the market quite concerned about what the near future of house prices actually look like.  That question has been answered to a certain extent in the latest data to surface. Houses have now hit an all-time high of £313,655 in the month of April. This follows a rise of 1.1% in month to month comparison of property prices, according to Rightmove.

The latest data indicates house prices have increased £3,547 in the month of April. Prices have officially increased more than 2% for the year.

Remortgage activity continues to be running in high gear. House owners are still finding attractive deals making them able to save hundreds and sometimes thousands off the cost of the monthly mortgage. This trend looks to be one which is set in at least for the coming months, according to many housing experts.

Miles Shipside of Rightmove commented on the latest data, saying: "Strong buyer activity this month has led to 10 per cent higher numbers of sales agreed than in the same period in 2016.

"This large year-on-year disparity should be viewed cautiously as the comparable timespan in 2016 saw a drop in buy-to-let activity with the additional second home stamp duty."

Shipside added: "With the growth in household numbers and new-build supply struggling to keep pace, demand is strong and has led to the highest sales agreed numbers at this time of year since the heady pre-credit crunch levels."