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Home Buying Costs Could Soar, Warns Cml

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http://investing.reuters.co.uk/news/newsAr...-REGULATION.xml

Home buying costs could soar, warns CML

LONDON (Citywire) - Regulation will add 1,000 pounds to the cost of buying a home, the Council of Mortgage Lenders has warned. In its pre-Budget submission the CML spells out the dangers. "The rising costs of regulation are in danger of swamping the government's plans to expand home-ownership..."

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Maybe I'm wrong here, but shouldn't this say "Home selling costs could soar" - especially if the reference to HIP's are what they intended?

More VI nonsense???

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Maybe I'm wrong here, but shouldn't this say "Home selling costs could soar" - especially if the reference to HIP's are what they intended?

More VI nonsense???

At least we know which way these guys spin now.

CML are worried. C**ts.

btp

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I don't see HIPs making a damn bit of difference to houseprices, other than absorbing £1000 in the cost of a property, which at the current levels, is a trivial amount onto the sellers next mortgage.

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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