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eric pebble

Interest Rate Freeze Means Uncertainty For House Prices

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Interest rate freeze means uncertainty for house prices

10th November 2005 12:41

Property prices over the festive period could see a bigger than usual dip thanks to the Bank of England's (BoE) decision to maintain a freeze on interest rates, the managing director of SmartNewHomes.com claims.


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So, if he thinks that the IR freeze will provide a bigger than usual dip what does he think about the financial futures markets already factoring in IR increases in the UK in the New Year. Sounds like HPs are going down in 2006 and onwards.

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Yes, a few kamikaze buyers will have been hoodwinked with a combination of 'SIPP terror' and 'interest rate cuts a dead-cert' by the VIs.

A few .25 increases last year has already send repos rising at a rapid rate. Any rises at all and 2006 can be nothing more than a constant slide for the market.

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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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