UK:Jump in mortgage approvals hits six-year high as housing market bounces back

The number of mortgage applications given the green light increased by 6,131 from March to April, the biggest jump in six years and a early sign that the UK housing market is bouncing back after a muted six months and disruption caused by the general election. New data from the Bank of England showed that … Read more

UK: House price rises accelerate, says ONS

UK house prices accelerated with a 9.6% increase in the year to the end of March, according to official figures. A lack of homes on the market is thought to be behind the rise at a time when activity was expected to have been curtailed by the election campaign. The annual rate of increase accelerated … Read more