US EditionInterest Rate Cut: A Welcome Boost for the UK Property Market by CR Real Estate - CR Real Estate
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Interest Rate Cut: A Welcome Boost for the UK Property Market by CR Real Estate - CR Real Estate
The Bank of England has recently reduced the UK’s base interest rate to 4.25%, continuing a series of cuts designed to support economic growth and ease borrowing costs. For the UK property market, this is excellent news, with widespread benefits for buyers, investors, and landlords. What Does a Base Rate Cut Mean? Lower interest rates make borrowing more affordable. This directly affects mortgage rates, increasing housing affordability, buyer co…
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