1996 All Again

House prices are rising at the slowest rate for 12 years in a blow that could force the Bank of England to bring forward an interest rate cut to April, Britain’s second-biggest mortgage lender said today. Figures from the Nationwide showed that the price of a typical house dropped this month by 0.6 per cent — or nearly £250 — to an average of £179,100. The decline means that the annual rate of house price inflation is 1.1 per cent, the lowest since March 1996.
Mortgage Solutions, Independent Mortgage Advisors. logo
Telephone number 01305 776311
Remortgage any purpose call Mortgage Solutions on 0845 241 2416
Change your lifestyle with help from Mortgage Solutions