It remains a fantastic time to move and buy property in Devon and the wider south west as house prices are continuing their unrelenting rise. New figures show the average cost of rising up the property ladder is a huge seventeen percent higher than around 5 years ago. 

The Lloyds Bank Homemovers Review says that the average 'step-up' home in the South West is priced at £256,318. However, a few property hotspots like Salcombe in Devon and Padstow in Cornwall cost much more.
 

Andrew Mason, L...

According the press house prices are set to continue to surge across the South West by in the region of 6% per year, for the next five years. It is reported that this is as a result of a severe shortage of housing.

Prices across the South West are said to have risen by around 7.5% year-on-year to April.  As a result the average home in the South West region is reported to be worth £198,325 – which is close to the pre-recession levels - according to a Nationwide report.

It is believed tha...

Mortgage lenders are insistent that the housing market recovery is under way.

The Council of Mortgage Lenders says it “may be easy to overlook the recovery that has already quietly been under way”, with consumer seing not yet caught up.

The CML gives ten reasons for its positive outlook, starting with a claim that last year there was the highest number of property transactions since the onset of the credit crunch.

Although the Land Registry data on transactions for 2012 will not be available...