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RSM UK’s economist Thomas Pugh also predicts the Bank’s financial coverage committee will keep rates of interest on hold at 5.25% at its assembly subsequent month, as they also did in September. At first look, it’s shocking to see that home prices rose in any respect – as lender Nationwide reported they fell by 5.3% within the 12 months to August. The latest house worth inflation information is out, displaying prices rose by the smallest amount in a decade in August. Annual private rental costs elevated by 5.6% in England, 6.9% in Wales, and 6.0% in Scotland in the 12…Continue Reading