All you need to know about what’s happened in property this week
House prices grew more quickly than expected in February, recovering from the weakest month for more than a year.
Nationwide said house prices rose by 4.5pc in February – up from 4.3pc in January, which was the slowest increase since November 2015.
Meanwhile, £21.8billion of mortgages were taken out in January, according to the Bank of England. Excluding last March, that makes this the biggest month for borrowing since May 2008.