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UK housing market shows signs of revival

Posted on 13 February 2013

The UK housing market is showing signs of its first significant revival since the credit crunch nearly six years ago. Mortgage lending picked up last year led by a big rise in first-time buyers, according to the Council of Mortgage Lenders (CML).
The CML said the number of first-time buyers rose by 12% to 216,000, the highest number since 2007. Separately, the Office for National Statistics reported that UK house prices rose by 3.3% last year………………………………………..Full Article: Source


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