Annual house price growth of 10% or more has been recorded for each of the past five months, according to data from the Nationwide.
The UK’s largest building society said that prices in September were up 10% compared with a year earlier, a slight slowdown from 11% in August.
The double-digit rise was driven by recent activity in Wales and Northern Ireland, the lender said, with London still seeing the slowest growth.
The typical home now costs £248,742.
Rapidly rising house prices continues to create financial problems for potential first-time buyers, despite record low mortgage rates being offered by lenders.
A recent report by the Office for National Statistics (ONS) said that people in tourist hotspots – which have become increasingly popular for relocating buyers – were at risk of being priced out of buying a home in the areas where they worked.
Nationwide bases its house price estimates on its mortgage data, and Robert Gardner, the building society’s chief economist, said that property values had continued to rise more quickly than earnings, which meant affordability was becoming more stretched.
“Raising a deposit remains the main barrier for most prospective first-time buyers. A 20% deposit on a typical first-time buyer home is now around 113% of gross income – a record high,” he said.
3 people collapse waiting in line for COVID testing in Tampa
Three people collapsed while waiting in line at a coranavirus testing site in Tampa on Friday morning, officials said.
Long lines have been reported at many sites around the state as the omicron variant is causing a sharp increase of new coronavirus in many parts of Florida.
Authorities received three medical calls at the Al Lopez Park testing site, according to Lauren Rozyla, a spokeswoman for the city of Tampa. She said one person left before medics arrived, but two women in their 60s, both with a history of blood pressure issued, fainted while standing in line.
American Icon Betty White Dead At 90
Betty White, whose saucy, up-for-anything charm made her a television mainstay for more than 60 years, whether as a man-crazy TV hostess on “The Mary Tyler Moore Show” or the loopy housemate on “The Golden Girls,” has died. She was 99.
People and the Washington Post reported Friday the news of White’s death.
She launched her TV career in daytime talk shows when the medium was still in its infancy and endured well into the age of cable and streaming. Her combination of sweetness and edginess gave life to a roster of quirky characters in shows from the sitcom “Life With Elizabeth” in the early 1950s to oddball Rose Nylund in “The Golden Girls” in the ’80s to “Boston Legal,” which ran from 2004 to 2008.
But it was in 2010 that White’s stardom erupted as never before.
In a Snickers commercial that premiered during that year’s Super Bowl telecast, she impersonated an energy-sapped dude getting tackled during a backlot football game.
“Mike, you’re playing like Betty White out there,” jeered one of his chums. White, flat on the ground and covered in mud, fired back, “That’s not what your girlfriend said!”
The instantly-viral video helped spark a Facebook campaign called “Betty White to Host SNL (please?)!,” whose half-million fans led to her co-hosting “Saturday Night Live” in a much-watched, watch-hailed edition that Mother’s Day weekend. The appearance won her a seventh Emmy award.
‘Google’ is most searched word on Bing, Google says
The top entry on Microsoft’s Bing search engine is for its rival Google, Google has said.
The claim was made in court, as Google made its case to appeal against a €4.3bn ($5bn) fine from the European Union for abusing its market power.
The EU accused Google of using Android’s success in the smartphone market to make Google the default search engine.
But Google says its service is simply the most popular.
“We have submitted evidence showing that the most common search query on Bing is, by far, ‘Google’,” lawyer Alfonso Lamadrid told the EU General Court, as first reported by Bloomberg. “People use Google because they choose to, not because they are forced to.
“Google’s market share in general search is consistent with consumer surveys showing that 95% of users prefer Google to rival search engines.”