Towards a limited increase in house prices UK in 2010

Despite signs of improvement in recent months, the upturn of the UK property market will remain weak in 2010.

According to the Royal Intitution of Chartered Surveyors (RICS), the expected recovery rate of the Bank of England mechanically increase the cost of borrowing and put pressure on buyers.

Direct consequence, the rising UK house prices should remain contained. RICS table at best an increase of 1 to 2% in house prices in 2010.