HOUSE prices are booming and home lending is soaring on the back of the Brexit vote as experts claim the UK property market just keeps getting stronger.

The news comes as banks and building societies recorded their strongest June figures for eight years loaning out £20.7bn for mortgages.

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That's a whopping 16 per cent increase compared with May’s total of £17.8bn, according to the Council of Mortgage Lenders.

The stats clearly show how buyers and movers have clearly ignored the economic warnings in the run up to the referendum.

And property prices across the UK’s major cities post-Brexit continue to record double-digit annual growth in June.

City property values in June were 10.2 per cent higher than a year earlier - matching the annual rate seen in May – said property analysts Hometrack.

And the northern cities of Manchester, Liverpool and Leeds – where millions of people voted Leave the EU – are leading the way.

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Bristol remains the fastest-growing city in the UK for house price increases, with a year-on-year growth rate of 14.7 per cent, found the report which tracks house price movements across the UK’.

A surge of investors piling into the housing market earlier this year has helped to keep prices pushing upwards across the UK, Hometrack told the

On April 1, a stamp duty hike was introduced for buy-to-let investors, and there were signs of investors rushing to snap up properties before the tax increase came into force.

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The ripple effect through April, May and June boosted mortgage lending and the value for June was three per cent higher than the £20.1bn for the same month last year.

This latest lending total is the highest for June since the £22.6bn reached in 2008, the CML figures showed.

Richard Donnell, insight director at Hometrack, said: “In many large regional cities, sales appear to have held up thanks to a combination of much better housing affordability, improving economic growth and record low mortgage rates helping to stimulate demand.”