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Homebuilders Soar as U.K.’s May Stokes Slowing Property Market

Homebuilders soared in London trading after the U.K. government said it would extendthe Help to Buy program, under which the government lends buyers up to 40 percent of the cost of a new home. The Conservatives, under pressure to increase homebuilding, will set aside 10 billion pounds ($13.3 billion) to help people buy properties, stimulating the […]

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Faster house price growth in November, says the Halifax

Annual growth in UK house prices accelerated for the first time in eight months in November, a lender’s figures show. The Halifax, part of Lloyds Banking Group, said property prices had risen by 6% compared with a year ago. That meant the cost of a typical home was £218,002, it said. The faster price growth […]