A frenzy of activity has driven UK property prices to a record high this month, just as the government launches a mortgage guarantee scheme to help people with small deposits on to the housing ladder. Online property portal Rightmove said the average asking price jumped by 2.1% in April to a new all-time high of £327,797, an increase of £6,733 from March. The surge was driven by a shortage of houses on the market, at a time when the coronavirus pandemic is driving many families to search for more spacious properties away from the cities, following the shift to working from home. Read more on the Guardian website.
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