The Halifax (the largest mortgage provider in the UK formerly part of HBOS and now a brand in the Lloyds Banking Group) have announced that according to their figures based on mortgages granted house prices rose 1.9% in January.
So that’s it then. End of the recession, we can all go back to buying consumer goods on equity release mortgages 😉 safe in the knowledge that all this talk of depression was just a bad dream.