With buyers in London still facing ‘excessively high house prices’, many are turning to the regions as Liverpool and Birmingham become the new property hotspots.

According to a property price index from Hometrack, house prices in Liverpool, Birmingham and Manchester are now rising more quickly than in the capital, with growth in London 6.4 per cent in January – the lowest level recorded since June 2013.

By comparison, house prices in Birmingham and Liverpool have grown 7.4 per cent and 7.1 per cent, respectively.


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