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The Masked Tulip

Property Prices In London Hit An All-time Record

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Meanwhile hopes of a cut in interest rates faded further yesterday after Kate Barker, a member of the Bank of England's Monetary Policy Committee, said the MPC had been encouraged by recent activity in the consumer sector.

Property prices in London hit an all-time record

Alex Bannister, at Nationwide, the country's largest building society, said consumers had become increasingly cautious. "People have become concerned about rising costs, such as higher energy bills, and they have decided to save more to protect themselves," he said. "Also, disposable incomes have risen and with continuing low interest rates, mortgage repayments are less demanding."

Britons saving more amid debt fears

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  • 301 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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