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U.K: House market up 5pct on previous year

Posted on 21 December 2012

New figures show more houses sold in 2012 than expected, as Funding for Lending scheme kicks in. More homes have been sold in the UK in 2012 than previously thought, as a result of greater mortgage availability, industry figures suggest.
There were 930,000 property transactions in 2012 – 13% more than the previous estimate of 825,000 and 5% more than 2011, according to the Council of Mortgage Lenders (CML)………………………………………..Full Article: Source


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