U.K. House Prices Rise to Record as Mortgage Market Loosens

U.K. House Prices Rise to Record as Mortgage Market Loosens

Simon Dawson/Bloomberg

A Foxtons estate agents sign advertises a residential property as 'Sold' in the Brixton district of London. A “North/South” divide in property prices persisted as foreign purchasers continue to be drawn to London while other parts of the country suffer from government spending cuts, a report said.