Arab Today, arab today british house price sees fastest annual rise in 4 years
Last Updated : GMT 12:34:44
Arab Today, arab today
Arab Today, arab today

British house price sees fastest annual rise in 4 years

Arab Today, arab today

Arab Today, arab today British house price sees fastest annual rise in 4 years

UK house prices concerned about surging house prices
London - XINHUA

British house prices increased by 9.9 percent annually in April, the highest annual rise since May 2010, official data showed on Tuesday.
The price surge was driven by rises in London, where the annual increase was 18.7 percent, said the Office for Natioanl Statistics (ONS).
The average British mix-adjusted house price in April was 260,000 pounds (441,000 U.S. dollars), while that was 485,000 pounds in London, according to the ONS.
The average price for properties bought by first-time buyers increased by 10.7 percent over the year to April 2014. For existing owners, it increased by 9.5 percent in the same period, it added.
George Osborne, Chancellor of the Exchequer, had warned that housing market could pose a threat to financial stability in future.
"If London prices were to continue growing at these rates that would be too fast for comfort," he said.
The Chancellor had granted the Bank of England the right to cap the proportion of high loan to income mortgages each bank can lend, or ban all new lending above a specific loan to income ratio.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today british house price sees fastest annual rise in 4 years Arab Today, arab today british house price sees fastest annual rise in 4 years

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today british house price sees fastest annual rise in 4 years Arab Today, arab today british house price sees fastest annual rise in 4 years

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: عقارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday