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House prices up by 12.62 per cent – Land Registry

House prices increased by 12.62 per cent to £163,584 in the last quarter of 2003 compared to £145,251 for the same period in 2002, according to the latest statistics released by the Land Registry.

The volume of sales increased by 2 per cent from 295,503 in 2002 to 301,405 for the same period in 2003, and all economic regions in England and Wales showed an increase in average prices.


Independent view

It was an early start as I was due in London for a couple of meetings with clients. I was running on time but, as I got into my car, I heard the sound of fabric ripping. My trousers had split right down the seam. As I ran back into my flat to change my […]

Bill may not achieve key objective of reform – ACA

The Association of Consulting Actuaries is concerned that the key proposals in the Pensions Bill will not meet the objective of greater employer pension provision. It says it is worried about the cost of pitching initial Pension Protection Fund benefits too high, particularly if the risk based levy is delayed in its introduction. Chairman Gordon […]

Positive start for property prices

Halifax saw the most positive movement in house prices in January, with its index showing a 2.2 per cent increase over the month, up from a 2 per cent rise in December. Halifax puts the average house price in January at £145,610, and says annual house price inflation stands at 16 per cent. General manager, […]

Special offer on Friends investment bonds

Friends Provident has launched a special offer on its investment bonds including increased allocation rates and extra commission for online business.The offer is available from February 6 to May 7 and applies to its investment portfolio bond and the income distribution bond, providing increased allocation on initial investments of over £10,000.Applications for the bonds submitted […]


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