NDF house price growth plan expects 70pc return

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THE NDF Administration's House Price Secure Growth plan is set to mature with a return in excess of 70pc on March 6.

Launched in 2002, the plan coincided with an exceptional period of growth in the housing market, which investors have benefited from. The plan offered investors 100pc of the rise in the index averaged over the last year and with no upper limit on growth. According to January's House Price Index figure, the return is 73pc. Ronan Gelling, marketing manager at NDFA, commented: "The growth in house prices over the last five and half years has been absolutely extraordinary and the House Price Secure Growth plan is set to mature with the majority of commentators predicting that house prices w...

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