House price rise driven by London

Published on 28/05/2012 01:58

UK HOUSE prices increased by 0.2 per cent this month, but the rise was driven by London and south England, a study claims.

Prices rose by 0.6 per cent in London and by 0.1 per cent in the south-east and East Anglia, but remained static or fell in other areas due to lack of demand, rising mortgage rates and eurozone concerns, said Hometrack.