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Across the UK, the London property market was the only part of the country to see prices rise in April, albeit at the slowest rate since the middle of 2011, according to the latest RICS UK Housing Market survey.

While home prices are falling across much of the UK, regional declines are being counterbalanced by capital growth in London.

A shortage of new homes coming onto the market has created pent-up demand, with an excess of demand over supply especially in Prime Central London.

But while the city's super prime property markets look solid, the city's second-tier markets continue to go from

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There has been a slight increase in housing transactions in NI but prices have continued to fall, according to a survey by the Royal Institution of Chartered Surveyors (RCIS).

Greater Belfast fared best and there were signs of more sales activity at the lower end of the market.

Spring and early summer are traditionally the optimum times for buying and selling and this has contributed to the upsurge. However, it is predicted that prices will fall in the months ahead.

RICS housing spokesman Tom McClelland said it was a mixed picture.

"At the lower end of the market at least, there are increasing

More than a million home owners will see the cost of their mortgage payments increase from Tuesday. The majority of those affected are Halifax customers, who could typically find themselves paying nearly £200 extra a year, following a series of recent rate rise announcements from lenders.

The Co-operative Bank, Clydesdale Bank and Yorkshire Bank are also among those raising rates, blaming the weak economy and the increased cost of funding a mortgage.

Fears have been raised that people could struggle to switch to a better deal as lenders have already started tightening their borrowing criteria

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The escalating value of agricultural land was confirmed when a 2.4 acre parcel of land in Kent fetched a record £76,000 at auction.

The pasture land at Bitchet Green, Kent, was sold by chartered surveyors and estate agents Ibbett Mosely at their second property auction. The previous record for agricultural land locally is £15,000 per acre, so the vendor was delighted with the staggering £36,000 per acre that was reached during bidding.

Senior Partner at Ibbett Mosely in Sevenoaks Dr Robert Wickham said: “We are delighted that the land was sold for such a large amount and our client is thrilled

Average asking prices are up 0.5% at £243,737 compared with the last peak in May 2008, at the start of the recession, according to the Rightmove House Price Index.

The number of properties for sale increased by 8.1% outside of London but overall supply is still down 30% compared with April 2007. This, and the more active spring market, are buoying up seller confidence, Rightmove said.

The South West, where supply is down 5.5% on last year, is seeing a record-breaking average asking price of £270,735, while the South East and East Anglia are just £810 and £2,489 off their previous peaks.

In

Farmland prices in England rose on average by 0.4% in the first three months of 2012, following drops of almost 1% in each of the final two quarters of last year, according to the latest index from Knight Frank.

The average value of agricultural land is now £6,073 per acre, just £83 below the record high of £6,156 per acre reached in the summer of 2011.

‘We predicted that the slight drop in the value of land in the second half of 2011 was not the start of a more significant trend. The upturn in values so far this year bears this out and we expect further growth of about 6% during the rest of

The Royal Institution of Chartered Surveyors (Rics) said that, during the month, 9% more surveyors reported a rise in inquiries from potential buyers than those reporting a fall. Rics said the warmer weather encouraged some potential buyers, while others wanted to snap up properties before a holiday from stamp duty ended.

However prices in all regions except London continued to fall. Overall, 10% more surveyors reported falling house prices in March than those reporting a rise. However, this was the least negative reading since June 2010. The declines in prices were modest, Rics said, with

The latest Royal Institution of Chartered Surveyors (RICS) and Ulster Bank Housing Market Survey showed a rise in transactions.

There were also increases in enquiries and new instructions, according to respondents. However, the majority of surveyors are still reporting falling house prices, with prices expected to continue to fall in the months ahead.

RICS Northern Ireland housing spokesman, Tom McClelland, said: "The dramatic improvements in affordability in the Northern Ireland housing market since 2007 have been highlighted by a range of surveys.

"With prices at the lower end of the market