The Heat Is On

Interest rates have been increased in the UK. People are going to have to find more money for the banks to allow them to live in their houses. Personal debt will increase even further. Welcome to The Credit Nation. Sure, your house may be worth 3 times what you paid for it - but that's all relative. If you can't find a first time buyer, or a buy to let landlord invester who can cover his costs with rental income, then your house is not worth as much as you like being told. House values are opinion, interest rates are reality!
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