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Financial Times - UK house prices increase sharply in August

Aaron Strutt Image

UK house prices recorded their second largest monthly gain in 15 years in August as homebuyers sought to take advantage of a closing window on the stamp duty “holiday”.

Aaron Strutt, of Trinity Financial, told the Financial Times: “We expect the property market to be extremely active over the coming months as more borrowers look to take advantage of the super cheap rates on offer and the greater availability of low deposit mortgages.”

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