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“Bricks and mortar” tracker launched

Abbey National is launching a new savings bond to track the value of house prices, allowing investors to capitalise on the continuing price boom.


Investors in the House Price Growth Bond will get their initial investment back plus a return of 1.2 times the increase in Abbey&#39s UK house price index.


Abbey says the product is suited to individuals who already have a portfolio of investments.


Abbey National spokesperson Kathryn Pugh says: “We&#39ve all heard about the house price boom, but for those don&#39t want to move house, this is one of only a handful of ways available to invest in bricks and mortar.”

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