Where are the best bargains in the UK housing market?

House price inflation has dominated the headlines for some time, but there are still bargains to be had!

UK house price inflation is now on the decline – though the price of the average UK home is up by 6.3% against the same point last year, this has fallen from +9.3% a month ago (ONS). According to the Office for National Statistics, the average UK house price was £290,000 in January, but there are still five regions in the UK where you can bag a great below-average price!

1.    The North East has the lowest average house price in England at£163,371.

2.    Homes in the North West come with an average price tag of £214,431.

3.    You can snap up a home in the East Midlands for an average of £251,177.

4.    The average house price in the West Midlands is £256,694.

5.    Buying in Yorkshire and The Humber will set you back £207,635,on average.

At the other end of thespectrum, London’s house prices remain the highest of any region in the UK, atan average of £533,986.

With buyers keen to snap up the best bargains, adviser firms will be need to be armed with the optimum tech to facilitate speedy transactions. We build the market’s best tech tools to support lead generation, identity verification, advice, sourcing, and submission.

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