UK housing stock value trebles in 10 years

Westminster has the most valuable housing stock in the UK at £40bn, according to the lender, while seven of the 10 local authorities with the most valuable private housing stocks are in London. London's housing stock alone, at £584bn, is worth more than the combined housing stock of Scotland, Wales, Northern Ireland and the North - £520bn. But London saw the smallest rise in the last five years of any region, with the value of its housing stock rising 53% from £381bn in 2000. Unsurprisingly, Halifax says 55% of the UK's housing wealth is located in the southern regions of England while 33...