The Office for National Statistics (ONS) has today released the latest House Price Index, showing house prices are going up by 5.7% in the year to May 2015, a natural increase from 5.5% in the year to April 2015. The monthly release of data by the ONS is calculated using mortgage financed transactions that are collected via the regulated mortgage survey by the Council of Mortgage Lenders, covering the majority of mortgage lenders in the UK. Throughout the month of May, house prices in England were driven by an annual increase in the east of 9.3% and the south east […]