Is finding a cheap property to buy going to become more difficult? The media are reporting house price rises for two months in a row now. I do not think that cheap property sales have disappeared from the UK housing market altogether.

Average house prices in the UK now stand at £160,973 but as a property investor you want to make sure you are buying below market value properties at a discount so you can make a return on your investment.

According to research average house prices rose £6,000 over five months with prices similar to December 2008 figures. Another point fueling the UK housing market recovery is the Bank of England yesterday agreed to keep interest rates at 0.5%.

The low interest rates make getting the cost of getting a mortgage cheaper. The availability of discount property in the UK over 2009 has been part of the reason for this recovery of the housing market.

UK lenders are further helping the property market by introducing cheap mortgage deals and rate cuts.The housing market is not the only part of the economy improving. Share prices are rising which will be improving millions of UK pension plans.

Although there is plenty of media hype about a market recovery there are likely to be drops in property prices again over the next 6 months, meaning property investors can still find cheap property for sale all over the UK and even in the capital London.

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