Saturday, 29 August 2009

Latest Land Registry Results show Rise in UK House Prices, Lloyds Rumours

The Land Registry in the UK (aka Her Majesty's Land Registry) has been a government department since 1862 that keeps a register of title to freehold and leasehold land in England and Wales. Scottish land titles are maintained by RoS ("Registers of Scotland"). LR said prices rose by 1.7% in July, the biggest monthly leap in 5 years, though prices are overall 11% lower than last year.

LloydsTSB is rumoured to be ruminating a sale of businesses following its bailout, including Scottish Widows, its insurance and money management division, and Clerical Medical.

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