housing market could face collapse if base rate rise hits buyer confidence /

Published at 2015-07-16 22:55:57

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Estate agents could face a drop in the confidence that is keeping house prices tall,as a base rate rise will drive up mortgage costsHomebuyers can wave goodbye to mortgages at just 0.99%. Savers can say hello to better rates for the first time in seven years. Investors will wobble as bond funds dive. But it is estate agents who have most to dread. Related: Interest rate rise set for new year, warns Bank of England governor Continue reading...

Source: theguardian.com

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