Graduates look set to be even more intent on getting a job when they leave university this summer after it was revealed that house prices across the UK are on the rise. According to the Royal Institute of Chartered Surveyors (Rics), the amount it costs to buy property rose in April for the 18th month in a row. Figures show that 28.9 per cent more surveyors reported that costs were going up - compared to 26.9 per cent in March. Graduates who are hoping to purchase their first home are likely to be more determined to get a job as soon as they finish university in a bid to save for a deposit on a new home. The property markets in Northern Ireland and Scotland were the strongest last month while London saw the biggest house price rise. Other areas which are expected to see graduates flocking to start work are East Anglia and the north-west - where the cost of buying a home was also on the rise. According to Rics spokesman Ian Perry, last week's interest rate rise will also have a notable affect on first-time buyers and he suggested that more rises were on the horizon. He said: "Last week's rate hike may not be the last as the housing market has not slowed as quickly as expected. "With prices buoyant and conditions still tight, another looks likely in the summer." Figures from the Department for Communities and Local Government show the average house price in the UK in March stood at £206,890.
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