Apr
03
U.K. House Prices Surge as Investors Rush to Beat Tax Changes
By-
Nationwide says values increased 0.8% on month in March
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Annual rate of growth is 5.7%, strongest since Feb. 2015
U.K. house prices increased for a ninth month in March as rental investors rushed to purchase property before a tax increase, Nationwide Building Society said.
The average price of a home rose 0.8 percent from February to 200,251 pounds ($287,280), the lender said in a statement on Friday. The annual rate of growth surged to 5.7 percent, the strongest in more than a year…
U.K. House Prices Surge as Investors Rush to Beat Tax Changes
