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Day: 11 February 2022

Rate rise could ‘put brakes’ on housing boom

  • Bryn McMillan
  • 0 Comments
  • 11 February 2022
  • Blogs
The Bank of England’s decision to raise the base rate from 0.25% to 0.5% could put the brakes on a runaway housing market, which has seen prices boom over the past 18-months. This is the first back-to-back rate rise since 2004, and industry experts say that higher mortgage costs, coupled…...
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