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Residential Market forecast 2003

Series: FPD Savills Research ; January 2003, (1)Publication details: 2003Subject(s): Summary: Latest research from FPD Savills shows UK house prices are expected to rise by an average of 12% in 2003. The prices have been rising quickly due to a re-valuation of the housing market due to low interest rates meaning the average UK household can afford a mortgage three times as large as in the 1980s. However, concerns about household debt are threatening future growth prospects. For FPD Savills News Release: http://www.fpdsavills.co.uk/research.asp?content=%5Cuber%5Fresearch%5C2900%2Ehtm&subcategory=none&contenttype=research&category=
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News article London News article 1 Available 121253-1001

Latest research from FPD Savills shows UK house prices are expected to rise by an average of 12% in 2003. The prices have been rising quickly due to a re-valuation of the housing market due to low interest rates meaning the average UK household can afford a mortgage three times as large as in the 1980s. However, concerns about household debt are threatening future growth prospects. For FPD Savills News Release: http://www.fpdsavills.co.uk/research.asp?content=%5Cuber%5Fresearch%5C2900%2Ehtm&subcategory=none&contenttype=research&category=