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So how is the UK property market actually performing?

A report today by the Halifax claims that UK house prices increased by 0.6% in July, contradicting last month's report from the company which showed a 0.6% fall in June, which would appear to be at odds with the vast majority of reports issued over the last week. It is proving ever more difficult to forecast the short-term direction of the UK property market at a time when investors, the authorities and mortgage providers are looking for signs of hope.

The mixed messages in the UK housing market are starting to cause havoc with investor sentiment and it is unlikely we will see any significant increase in demand or indeed property prices in the short term. There is also concern that so many different property surveys can give such different opinions prompting the question as to whether there needs to be a total revamp of UK property surveys.

While there are always different parameters used for each and every survey issued regarding the UK property market, the massive divergence of the data is starting to alarm people. We may soon get to a situation whereby the impact of property surveys in the UK is reduced which could prompt a sea-change in the UK investment arena.

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