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Comment on Latest Nationwide House Price Figures


Following the latest Nationwide House Price figures, Clare Hartnell, Property Partner at Grant Thornton UK LLP comment:

"It is encouraging to see house prices are showing signs of growth and although a 0.7% month-on-month increase compared to February is modest, we are headed in the right direction.

"The initiativ  announced at last week's Budget to increase the SDLT threshold to £250,000 is a positive step by the Government to help boost the residential market and it is hoped that it will help maintain steady growth in house prices over the coming months.

"More needs to be done to help set the property sector back on its feet so all eyes will be on the post-election Government for additional initiatives to aid the property sector."

ENDS

For further information, please contact:

Nicola Daley, Grant Thornton press office 020 7728 2244  nicola.daley@gtuk.com