House Prices and Home Loans 'Turn the Corner' [Edition 2]

Summary


HOUSE prices and the number of new home loans are rising in most parts of Britain for the first time in two years.

The news could signal an end to the property bust, bring confidence to the market and suggest fears that house prices would fall further are unfounded, it was claimed yesterday.

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Extract


House Prices and Home Loans 'Turn the Corner' [Edition 2]

Lenders approved 56,000 new mortgages in July, up by 19 per cent in a year.

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