London house prices surge by £50,000

Adrian Holliday
Updated

George Osborne's Help to Buy scheme, designed to help more people onto the housing ladder, appears to be part-fuelling a house price boom - at least in London.

Property website Rightmove has warned that London asking prices have surged £50,000 in the last month. Is Osborne's scheme doing more harm than good? %VIRTUAL-SkimlinksPromo%

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