24.01.2013 - U.K: Property sales hit five-year high
UK house sales increased last year to the highest levels seen since 2007, according to figures published by HM Revenue & Customs. Lenders hailed the figures as evidence that the "shutters are coming up" for mortgage borrowers. There were 932,000 completed transactions last year, marking a 5pc increase on 2011, according to HMRC. Meanwhile, the Council of Mortgage Lenders (CML) outlined evidence of why it believes the mortgage market is improving...............................................Full Article: Source
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