Two distinct housing markets exist in England and Wales, according to the latest FT house price index, with a booming market in London contrasting with near stagnation elsewhere. In the third quarter of the year, London’s house prices rose at an annualised rate of 11 per cent, while Wales, the ... more »
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Friday, November 10
UK - London property market booms while regions stagnate
by
Jet-to-Let Magazine
on Fri 10 Nov 2006 09:34 GMT
UK interest rates hit 5%
by
Jet-to-Let Magazine
on Fri 10 Nov 2006 08:42 GMT
Interest rates hit 5 per cent and the highest level in five years after the Bank of England on Thursday raised the cost of borrowing in an attempt to curtail inflation. The move means an extra monthly payment of £21.71 for those homeowners with a repayment mortgage of £150,000, according ... more » |
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