Soaring South West House Prices
JANUARY 2ND, 2007
| Credit Cards (introductory rate & period) |
Typical APR | Options |
| Virgin Credit Card 0% balance transfers, 13 months ( 2.9% balance transfer fee ) 0% purchases, 3 months |
15.9% (variable) |
 |
| Post Office Credit Card 0% balance transfers, 8 months ( 2.5% balance transfer fee ) 0% purchases, 3 months |
14.9% (variable) |
|
| Personal Loans | Typical APR | Options |
| Moneyback Bank Personal Loan | 5.7% | |
| Northern Rock Personal Loan | 5.8% | |
An increasing number of Britons have moved to the South-West of England during the last decade which has lead to house prices tripling according to Halifax.
The mortgage lender found that 300,000 more people moved to the region than left the South-West to live elsewhere, boosting its total population by an overall 6%.
Halifax said many of those heading out were Londoners and the capital saw 2.4 million people leave to live elsewhere.
However, London's population was lifted by births and immigration.
Among the main reasons for up-rooting to the South-West were an improved quality of life, coupled with less crowding and pollution.
The Halifax added that improved transport links and the fact that more people could work from home had also played a part in the move. Enhancements in technology and the common place of home broadband help bridge the distance gap.
Despite the increasing popularity of the South-West, the South East of England was still the top destination for migration and immigration according to the Halifax.
