House prices up £2,500 in a month as momentum is building

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Nicholas Ayre, managing director of homebuying agency Home Fusion, said: “What helps is cheap mortgage rates and the increasing willingness of lenders to lend. Now buyers are thinking that if they apply for a mortgage they are more likely to get it.

“Many buyers have delayed a move for years because of the dire economic situation but many have had enough of waiting and are ready to make a move, assuming they can find the right property.”

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