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Interest rate decrease sparks surge in demand for housing market

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August 19, 2024
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Following the Bank of England’s recent decision to cut interest rates, the housing market has seen a surge in activity, according to a report by leading property website Rightmove. The report found that estate agents have experienced a 19% increase in enquiries about properties for sale since 1 August, compared to the same period last year. The Bank’s decision to cut rates for the first time in…

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