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Interest Rates Hit 5.75%

GraphMortgages and loan repayments continue to increase throughout the UK with interest rates now risen another .25% to 5.75%. Seriously, how long can this continue for? We have already been warned that the price of flats are levelling off due to less demand, so how long can it be until the next house price crash?

Are we going to be a generation of renters, I hope not – it’s totally unfair that our generation cannot afford to buy a family home. Who wants to live in a two bed flat for the rest of their lives, I know I don’t.

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