15/09/2023
House prices just recorded their sharpest decline in 14 years. What is behind this revolution? This is the result of constantly increasing mortgage interest rates. The Bank of England has just raised interest rates once again, and this trend has been ongoing since December 2021. All in order to stop the increase in inflation.🏠
What's next? Unfortunately there is no good news. The market expects another increase in interest rates. These increases make it difficult for many residents to buy their dream home.
With these changes in the real estate market, it is important to stay well informed and make smart financial decisions. Therefore, seek the advice of an experienced financial advisor. 👩🏻📞🤙🏻🇬🇧