All you need to know about what’s hap­pened in prop­erty this week

The Daily Telegraph - Property - - Cover Story -

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.

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