House prices see fastest growth rate in January for 17 years
Nationwide says a deposit now constitutes a record percentage of a first-time buyer’s salary. …
Mr Gardner said reduced affordability would be likely to dampen market activity and house price growth this year “especially since household finances are also coming under pressure from sharp increases in the cost of living”- with inflation hitting 5.4% in December, its fastest pace since 1992, and set to rise further in the coming months as energy prices go up.
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