| 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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