London homeowners benefit from secured loans

The hikes in UK property prices in the last decade hasowners has benefited from the steep house price
had many in the property industry reeling. Having defiedincreases of recent years - homeowners in London.
expectations on a number of levels, the strength ofDespite the four rises in the Bank of England interest
house price increases has many pundits at a loss asrate since August last year, London property prices
to where the property market will go next. Forhave seen no sign of slowing down their skyward
instance, while some predict continued growth, othersascent. In fact, Home.co.uk's latest Asking Price Index
claim that the property market is likely to see a slowreport infers that the average property for sale in
period during the last half of 2007.London now carries a staggering price tag of
However, a recent study by leading property site£336, 900.
Home.co.uk has found that one community of property