Gains for northern homeowners in 2003 - 2004-01-06
House prices jumped by 33.7% in the north of England during 2003, more than double the national average increase of 15.4%, according to the Halifax house price index, published today.
The number of first-time buyers entering the market is currently at the lowest level seen since 1974. According to the Council of Mortgage Lenders (CML), only 330,540 homebuyers got a foot on the property ladder for the first time in the first 11 months of 2003.
Read the full story at Guardian Unlimited