In October, the Royal Institution of Chartered Surveyors (RICS) reported in their Residential Survey that the houses prices in the UK are expected to rise by 4.5% per year over the next five years. This is an overall increase of around 25%.
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Tag: housing crisis
New proposals made by the Bank of England aim to prevent housing boom
Proposals made by the Bank of England, including a cap of 15% on the number of mortgages that lenders can give to people who want more than 4.5 times their salary, are being recommended to prevent another housing crisis…