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HOUSING PRICES IN THE UNITED KINGDOM ARE INCREASING AT THE Rapid Speed IN 15 YEARS.

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UK house prices recorded their strongest three-month growth in 15 years in November, driven by demand for a limited supply of housing, low mortgage rates, and a strong labor market. According to Halifax, the average UK property price touched a new high of £ 273,000 last month. Home values increased by 1% in October, compared to the same period last year, when they increased by 8.2 percent. "A shortage of available properties, a healthy job market, and tough competition among mortgage providers continue to sustain market performance, maintaining rates around historic lows," said Russell Galley, Managing Director of Halifax. House prices climbed 3.4 percent over the previous quarter in the three months to November, the quickest rate since 2006. Despite prolonged weakness in the London property market, average house prices have risen sharply across the country, as residents of the capital sought to transfer to larger and less crowded areas, owing in part to the shift to working ...

The Narrowest House In London For Sale For More Than a Million dollars

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  The narrowest house in London, with a width of 1.7 meters, is up for sale for more than a million dollars and is located between a hair salon and a doctor's office. This intriguing five-story building in the Shepherd's Bush neighborhood was originally a Victorian hat shop with warehouses and lodgings on the upper floors. In a nod to its past, the house retains a small window adorned with a bowler hat lamp. This wondrous, blue-fronted, and barely noticeable property is valued at 950,000 pounds ($1.3 million). For David Myers, director of sales at the agency responsible for selling this building, this price is explained by the fact that the house, built at the end of the 19th or early 20th century, is a unique part of London's history. "It's part of the magic of London," he told AFP. The dimensions of the rooms vary greatly from corner to corner, and if the kitchen in the basement is narrower, it leads to a dining area twice the size of the kitchen. A 2.5-mete...