Rate rise will hit new year house moving decisions
Rate rise will hit new year house moving decisions
- 1994
- RICS Press Release (PR200/94RES) 7 December 1994, Guardian 8 December 1994, 4(3) .
The half per cent base rate rise will effect new year house moving decisions according to the RICS. A further possible reduction in the rate of mortgage interest tax relief together with the cut in mortgage assistance for unemployed will make 1995 a very difficult year for the housing market.
ECONOMY
FORECASTS
HOUSING MARKET
INTEREST RATES
RICS
The half per cent base rate rise will effect new year house moving decisions according to the RICS. A further possible reduction in the rate of mortgage interest tax relief together with the cut in mortgage assistance for unemployed will make 1995 a very difficult year for the housing market.
ECONOMY
FORECASTS
HOUSING MARKET
INTEREST RATES
RICS