UK mortgage surge
UK house price growth is to +5.8 per cent per Nationwide, the highest rate since January 2015.
The recent mini-boom has been spurred along by stamp duty exemptions for transactions under £500,000.
The average house price rose +0.8 per cent over the past month to hit a record high of £227,826 in October 2020.
UK mortgage approvals increased to 91,500 in September, the highest level since 2007.