Low interest rates causing house price boom

Professional Adviser
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Low interest rates, low unemployment and strong affordability contributed to UK house prices rising ...

Low interest rates, low unemployment and strong affordability contributed to UK house prices rising by 1.7% in February, according to data from Halifax. The Inland Revenue said the number of property transactions in England and Wales during January 2003 were 2% higher than the same month in 2002. Halifax said the market is moving in favour of the buyer in the south and the seller in the north.

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