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Number of people getting mortgages rises sharply

The number of mortgages approved in the UK for people buying a home rose sharply at the start of spring, Bank of England figures show. The number of loan approvals for house purchases rose 18% between February and March, rising from 44,100 to 52,000. It reflects signs...
UK house prices in surprise rise in April

UK house prices in surprise rise in April

UK house prices rose by 0.5% in April after seven consecutive months of falls, according to the Nationwide building society. Economists had been expecting average prices to decrease during the month. Prices had been falling since August last year, after Liz...
Rents rising at fastest rate for seven years

Rents rising at fastest rate for seven years

Tenants in properties owned by private landlords have faced the highest rise in rent since comparable records began seven years ago, official data shows. Rents rose 4% last year as landlords, who face their own squeeze from higher mortgage rates, passed on those...