"It is possible that they [home buyers] may be assisted by the Bank of England's Funding for Lending scheme, which may lead to greater mortgage availability at more competitive rates"
- Miles Shipside, Rightmove director and housing market analystU.K. house prices fell 2.4 per cent to 236,260 pounds in August, said the Rightmove Plc, owner of the U.K.'s largest residential property Web site on Monday.
"The Olympics distraction did not deter new sellers from coming to market during August, with numbers marginally up on the same period a year ago, although asking prices have been adversely affected," said Miles Shipside, Rightmove director and housing market analyst.
"It is possible that they [home buyers] may be assisted by the Bank of England's Funding for Lending scheme, which may lead to greater mortgage availability at more competitive rates."
The FTSE 100 Index rose 0.31 per cent, or 17.91 points to 5,852.42. The broader FTSE All-Share Index gained 0.41 per cent.
© Dukascopy Bank SA
© Dukascopy Bank SA