Gross mortgage lending at three-year high in September

Bank of England figures show a steady uplift which shows the housing market was already gaining strength before the first phase of Help to Buy launched in April. IHS Global Insight economist Howard Archer said: "While the strength of house price rises in London is becoming an increasing concern and pushing up the overall national increase in house prices, we are currently a long way off from an overall housing market bubble emerging. Nevertheless, there is a mounting danger that house prices could really take off over the coming months, especially if already significantly improving ho...