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Uk Mortgage Slump Set To Continue Until 2011

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The seizure in the UK mortgage market is set to continue until 2011, prompting a rise in repossessions, an influential review of the mortgage market said today.

Sir James Crosby, former chief executive of HBOS, who is carrying out the review for the Treasury, said that the "shortage of mortgage finance will persist throughout 2008, 2009 and 2010, and I suspect that current forecasts for new mortgage lending during this period will prove optimistic."

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  • 399 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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