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Interest rate rise

Language: English Series: RICS Press Release ; (PR45/res) 6 May 1997 (2)Publication details: 1997Subject(s): Summary: The RICS says that the latest interest rate rise will do little to harm the housing market, but any further rises, if coupled with the abolition of MIRAS, would leave thousands of homeowners worse off and widen the north-south divide.

The RICS says that the latest interest rate rise will do little to harm the housing market, but any further rises, if coupled with the abolition of MIRAS, would leave thousands of homeowners worse off and widen the north-south divide.