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Property market set for a slowdown next year

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  • Property market set for a slowdown next year

    The Nationwide building society has warned that property price growth will grind to a halt in 2008 as the market observes a ‘significant slowdown’.The tightening of lending criteria, higher interest rates and a slowing economy are to blame. It is anticipated that annual house price inflation in the UK will collapse from its current level [...]

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