Low interest rates and rising prices encouraging UK property market, it is claimed

[Nicholas Wallwork]

Low interest rates and rising prices are encouraging more people to buy property and move home in*the UK, it is claimed.

As the number of approvals for house purchases increased in October to their highest level since*December 2007, the latest data from The Council of Mortgage Lenders shows that it is new mortgages*that are leading the improvement.

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