Housing market could be hit by higher interest rates, Nationwide warns

Housing market could be hit by higher interest rates, Nationwide warns

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More rises in mortgage interest rates could hit the UK's property market, Nationwide has warned. The building society said that house prices in the year to May fell by 3.4%, a bigger decline than a drop of 2.7% the month before. The Bank of England is forecast to raise interest rates even further…

#nationwide #bankofengland #robertgardner

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