Economy must support buyers

Homeowners considering whether to improve their residence with a conservatory may be interested to hear an experts view that values could continue to rise.

Figures show a recent growth in house prices across the UK and one company believes this could be perpetuated, if certain conditions are met.

London-based mortgage broker Capital Fortune explained activity in the sector could increase over the next few months as a result of a rise in the number of home loan approvals.

Recent Halifax data shows the number of online enquiries have risen by more than a third (36 per cent) of late and the firm believes this could be good news for the residential industry.

However, the economy will have to help support any new purchasers entering the market, explained Capital Fortune business manager Rob Killeen.

"Commentators maintain that given the expected rise in unemployment to well over three million, it is unlikely that house [prices] can be sustained for long at the very strong rate observed over the last few months," he explained.

According to the latest Office for National Statistics figures, there are currently 2.38 million Brits without a job.