Cameron's hometown booms as easy finance raises prices

[LONDON] Peter Saunders had to stretch his resources to buy a house this year in UK Prime Minister David Cameron's constituency town of Witney, where values have risen at twice the UK average over the last three months.

The 27-year-old hotel manager said he needed money from an inheritance as well as a mortgage to afford the £200,000 (S$410,000) Witney home in Oxfordshire.

The market town, which has a 13th-Century church at its centre, is surrounded by rolling hills and farms.

Oxford, 21 km away, is even more expensive, he said.

Mr Cameron's efforts to spur the economy by sup…