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Tag Archives: Bank of England
Bleak midwinter for housing market as interest rates rise
Home-buyers in London are on average spending 56% of their earnings on their housing costs, with recent interest rate rises adding £3,000 per year to average mortgage bills Rising interest rates are seeing house sales fall through and the price … Continue reading
Posted in Business, Housing, Property
Tagged Bank of England, Halifax, Mortgages, National Association of House Buyers, Nationwide, Property prices
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