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Interest Rate Increases Threaten 3m Property Owners

Following last week’s unexpected revelation that the economy has grown, property advisors have become concerned that interest rate increases could come sooner than expected And this is harsh blow for hundreds of property owners who are already facing rising taxes, increased inflation and the prospect of job losses… If interest rates were to rise by just 2 percentage points this could leave 3 million property owners (37% of all mortgage holders) unable to afford their mortgage. Read more:

 

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