Large U.K. Mortgages Surge 162%

17 Jun 2010

The U.K. saw the number of mortgages of £500,000 ($739,860) or more surge 162% in May compared with a year earlier, according to Knight Frank Finance.

The U.K. saw the number of mortgages of £500,000 ($739,860) or more surge 162% in May compared with a year earlier, according to Knight Frank Finance. Simon Gammon, the firm’s ceo, noted that while £500,000-plus mortgage market is “undoubtedly much healthier than it was a year ago, there ...

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