UK interest rate cut boosts house market activities: Rightmove

LONDON, Aug. 19 (Xinhua) -- The first interest rate cut in four years has led to an immediate upturn in house market activities in the United Kingdom (UK), the online real estate company Rightmove said on Monday.

The Bank of England (BoE) cut the benchmark rate by 0.25 percentage points to 5 percent on Aug. 1. Since then, the number of potential buyers contacting estate agents about homes for sale has increased