These figures are potentially worry as it's already so difficult for first time buyers, so it's good to hear from the Telegraph article linked here that the rise in interest rates expected in 2016 is unlikely to have a major dampening impact on the housing market. Let's hope that the Bank of England is right in their prediction that the increase will be gradual and limited.
These figures are potentially worry as it's already so difficult for first time buyers, so it's good to hear from the Telegraph article linked here that the rise in interest rates expected in 2016 is unlikely to have a major dampening impact on the housing market. Let's hope that the Bank of England is right in their prediction that the increase will be gradual and limited.
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