4min chapter

Many Happy Returns cover image

How High Will Interest Rates Go?

Many Happy Returns

CHAPTER

The UK's Housing Market Is Changing

According to the nationwide house price index, UK house prices are around 4% lower than their peak in August 2022. About 30% own their accommodation with a mortgage or a loan or shared ownership. And about a fifth rented and just under a fifth were in the social rented sector. The rental market as well will be interest rate sensitive.

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