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Inflation rises – effect on the property market

Inflation rises – effect on the property market.

22nd March 2023

Inflation rose in UK by 10.4% in the 12 months to February 2023, up from 10.1% in January, it was announced a few minutes ago. What impact could this have on the property market, and why? Could it see the Bank of England hike rates again tomorrow, putting further pressure on borrowers and reducing demand? Any other thoughts, jot them down and we’ll do our best to get them in the media today.

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