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Reeds Rains proprietor LSL warns rate of interest hikes lastly slowing mortgage market

Mortgage dealer, surveyor and estate agent LSL Property Services warned the Bank of England’s most up-to-date curiosity rises have led to a “material” slowdown in a beforehand resilient mortgage market, because it stated profits for the second half of the yr can be “significantly”...

Home costs slip additional in July, however ‘degree of resilience’ stays, Halifax says

The common worth is down 0.3% month-on-month and down 2.4% year-on-year. But the year-on-year decline was slower than the two.6% dip in June.Kim Kinnaird, director of Halifax Mortgages, famous that just about all of the decline got here within the wake of the mini-Budget...