LONDON (Reuters) - Shares in British housebuilding and property stocks rose on Thursday, after only one of the Bank of England's top policymakers voted to start raising interest rates.
Housebuilder Taylor Wimpey (L:TW) rose 1.7 percent, making it one of the best-performers on the blue-chip FTSE 100 index (FTSE). Rival housebuilders Persimmon (L:PSN) and Barratt Developments (L:BDEV) also advanced 0.4-0.6 percent.
Shares in estate agency Foxtons (L:FOXT) had been in negative territory before the BoE's release, before turning positive to stand 0.3 percent higher.
Property website group Zoopla (L:ZPLAZ) also climbed by 0.8 percent.
Ian McCafferty wanted to raise borrowing costs at the Bank's August meeting which ended on Wednesday, resulting in an 8-1 vote in favour of keeping rates at their record low of 0.5 percent, the BoE said on Thursday.
Most economists taking part in a Reuters poll had expected two members of the Monetary Policy Committee to vote for a rate hike. Some had expected three.