| Royal Institution of Chartered Surveyors finds increased availability of cheaper home loans led to pickup in February. Property transactions in the UK reached their highest level in two and a half years as house buyers took advantage of record low interest rates, according to a survey of estate agents.
The monthly market survey from the Royal Institution of Chartered Surveyors (Rics) found that the increased availability of cheaper home loans as a result of the Bank of England's funding for lending scheme (FLS) had led to a pickup in transactions...............................................Full Article: Source
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