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Mortgage news and advice With the economy ever in the eye of house buyers in the UK it’s good to see inflation rates staying the same. Now that lending and approvals have been eased, there won’t be a rapid slow-down in lending growth. Leading economists warn that prices could slump by 30%. This could mean that the “bubble” is about to burst and house prices could be on the brink of dropping. But a possible reduction of house prices could be a bad thing. It could even lead to a change to the Bank of England interest rate, which is currently at 4.75%. In this site we'll look at the topics that matter the most for house buyers and mortgage hunters in the UK.
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