The owner of Reeds Rains warns that rate hikes will finally slow the mortgage market

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Mortgage broker, appraiser and real estate agent LSL Property Services warned that the Bank of England’s latest rate hikes had caused a “significant” slowdown in a previously resilient mortgage market as gains for the second half of the year were “significant”. lower than previously thought.

The company, which includes real estate agent Reeds Rains, appraiser e.surv and a number of brokers, said its brokerage and appraisal division “continued to demonstrate resilience and agility” in the first half of the year.

https://www.standard.co.uk/business/reeds-rains-owner-lsl-warns-bank-of-england-interest-rate-hikes-b1099044.html The owner of Reeds Rains warns that rate hikes will finally slow the mortgage market

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