Mortgage mayhem: Homeowners forced to sell up at discount prices as rates soar

Mortgage mayhem: Homeowners forced to sell up at discount prices as rates soar

City A.M.

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Red hot mortgage rates are leading to sellers accepting lower prices for their properties, fresh data shows, creating further pain for the housing sector.  As the market continues to grapple with the Bank of England’s recent 0.5 per cent interest rate hike, figures by estate agent Zoopla show that 42 per cent of sellers are [...]

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