BNP Paribas Real Estate has forecast a 33% growth in house values across the country by 2017.
The property consultant said prices across the UK would grow 2.5% this year. London would lead the recovery with a 69% rise in prices within four years, its research identified. Meanwhile, E.surv reported house-purchase lending to borrowers with small deposits climbed 47% year on year last month. Some 21% of all home loans in the North East and Cumbria were to high loan-to-value borrowers, its latest Mortgage Monitor identified.
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