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House price falls warns Barratt

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  • House price falls warns Barratt

    The recent problems at Northern Rock and the credit squeeze will push down demand for new homes and could result in price falls, warned Barratt’s, Britain’s biggest housebuilder.Barratt’s chief executive, Mark Clare, commented that they have noted that mortgage lenders are much more cautious. Lenders are tightening their lending resulting in a huge shock to [...]

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