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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”...

Mortgage price panic causes house purchases to fall by means of as HSBC pulls loans

Home purchases are beginning to fall by means of as a direct results of the extraordinary spate of turmoil within the mortgage market, brokers warned at the moment.Major lenders have withdrawn lots of of deals over the previous fortnight, typically at brief discover, because...