BoE on top of house prices

Anne Ashworth comments that Mark Carney’s announcement that he is not putting up interest rates shows that he is more observant about the market than some of his critics who have called for an interest rate rise. She says that the Mortgage Market Review is already in place to prevent borrowers over stretching themselves, and that the property price revival has not yet spread nationwide. She also comments on news from Savills that interest in prime London is cooling down. However, she notes that there is still a huge interest in the UK's real estate star attraction.