Released on = May 25, 2007, 2:24 am

Press Release Author = Charlotte Burrows

Industry = Real Estate

Press Release Summary = The average house in the UK has gained in value by more than
£20,000 in the last year, statistics have shown - although it has been predicted
that this rate of growth will be severely dented in the near future.

Press Release Body = By assimilating data from the house price surveys of
Nationwide, Halifax and the Department for Communities and Local Government,
property investment company Assetz found that house prices rose by 11.1 per cent in
the last year as of April.

As a result, average UK House prices have increased by £20,498 to £208,174 since
April 2006.

\"The continuing upward trend in UK house prices has been strongly demonstrated again
this month, with the indices showing the annual increase in the price of a home to
have broken the £20,000 barrier in April,\" Assetz managing director Stuart Law
confirmed.

\"The increased rate of growth to 11.1 per cent can be attributed to the current high
levels of confidence amongst sellers, reflected in asking prices.

However, Mr Law suggested that this rate of growth was set to \"fall back\" by the end
of the year, especially as the effects of the latest rise in interest rates takes
hold - and with the prospect of at least one further rate hike looming large.

National Homebuyers, the UK\'s leading fast purchase property firm, which buys
thousands of properties every year shares Mr Law\'s view. \"Certain areas of the UK
are already experiencing the first slips backwards,\" says director Julian King.

\"We would not be surprised if this continues to the point where the media start
using words like \'crash\'.

\"Rightmove\'s house price survey shows the average house price in May rose by just
0.4 per cent - the lowest monthly house price rise of the year.

\"What\'s more, average asking prices fell in the east Midlands, west midlands, north
and north-west regions of England\".

People worried about being able to sell their house for maximum value before a
\'crash\' should consider National Homebuyers. The homebuying firm guarantees to make
an offer on any property, in any condition. Their website is
www.nationalhomebuyers.co.uk/index.asp.

Web Site = http://www.nationalhomebuyers.co.uk

Contact Details = Sterling House
20 Victoria Way
Burgess Hill
West Sussex
RH15 9NF
0870 979 8118
Fax: 01444 257333
info@nationalhomebuyers.co.uk