London sees 16% uptick in number of homes sold as market bounces back, reports Zoopla

House sales agreed in London are up 16 per cent annually, reports Zoopla, more than twice that of the UK average, with only the North East of England seeing a high number of sales (17 per cent).

This is due to increased buyer confidence due to new mortgage rates and more realistic pricing from sellers said the property portal in its latest House Price Index.