The housing market has showed further signs of a spring revival as asking prices rose by 2.6 per cent over the past month, according to figures.
Property website Rightmove said the average price of a UK property rose to £235,512 between March 7 and April 10 in a marked improvement of the 0.1 per cent lift the month before.
The number of new homes coming on to the market also rose, with buyers enjoying the greatest choice since October 2009.
Also, mortgage lending soared by nearly a quarter to £11.5 billion last month as the traditional spring buying season got off to a good start, new figures showed.
Gross mortgage lending in March was 24 per cent higher than in February and three per cent up year on year, with lending in the first quarter reaching £29.5 billion, according to the Council of Mortgage Lenders.
And in Bristol more than 40 prospective buyers queued up to view new flats, the earliest hopefuls arriving six hours early before 5.00am at the former Megabowl site in Ashton, where 184 apartments were on offer from £99,995.
"It has been some time since I last saw people queuing up to purchase properties," said Richard Gadd, regional sales and marketing director for Taylor Wimpey.
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