New research by Halifax Estate Agents shows that the best performing seaside towns in Wales over the past three years were Porthcawl and Caernarfon, both seeing a doubling in their average house price.

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UK house price growth was described as “sluggish” in May, according to the Nationwide.

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Irish house prices have accelerated at their fastest rate in the past six years, according to new figures.

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The Council of Mortgage Lenders has started the countdown to the introduction of Home Information Packs (HIPS) saying that the detail expected over the next month will be crucial in determining how effective the implementation will be.

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Seaham in County Durham is the best performing seaside town in Great Britain over the past three years with average house prices up by 172pc according to Halifax.

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UK house prices rose 0.6pc during May, but growth in the second half of the year will be limited by a cooling off in London, Hometrack has said.

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Having a loft conversion or an extension built are two of the most effective ways to boost the value of a property, a survey from the Nationwide has claimed.

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Home improvement projects should only be carried out after careful consideration and planning to make sure that they add value where it matters, advises Halifax, the UK’s largest mortgage lender.

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The Government should provide free financial advice for pensioners to help them decide whether to sell their homes, according to new research from the Institute for Public Policy Research (ippr), due to be published on Monday May 29th.

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Keith Fryer, a sole trader trading as Capital Funding, has given undertakings to the High Court that he will not make misleading representations to home sellers.

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