UK house prices soared by 8% in the year to the end of
March, the Office of National Statistics' latest data has revealed. And Prime
Minister David Cameron has conceded that the government may look at making
changes to its help to buy policy in the wake of comments from the governor of
the Bank of England that the housing market represents a threat to the UK's
economic recovery. The ONS' figures show that house prices in London rocketed
by 17% between March 2013 - March 2014. However, with the capital and the South East taken out of
the equation, property costs across the rest of the country rose by a more
moderate 4.7%. Read more on 24dash.
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