Apr
17
U.K. House Prices Hit Record as Landlords Spark Chain Reaction
By-
Homeowners move up housing ladder amid demand for buy-to-lets
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London prices languish as homebuyers search for affordability
U.K. house prices climbed to a record in April as demand from landlords in the previous month created knock-on effects through the property market, according to Rightmove Plc.
Average asking prices rose 1.3 percent from March to 307,033 pounds ($437,000), the property website operator said in a report published Monday. It left values 7.3 percent higher than a year earlier…
U.K. House Prices Hit Record as Landlords Spark Chain Reaction
