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Money Box Live: The Cost of Owning a House

Money Box

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Introduction

A Halifax survey suggests house prices are down 1% compared to a year ago, the first such drop in more than a decade. The markets now believe that the Bank of England will start to increase rates further over the next few months. Tim Banister is a director of property science at Rightmove and Claire Beardmore is a director for the Mortgage Club at Legal & General. And I want to hear from Mark, who just had an offer accepted on a home after starting their search earlier this year.

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