Nationwide says market is ‘remarkably robust’ – but borrowing costs may rise in DecemberNationwide Building Society has said there could be a “cooling” of the UK’s red-hot housing market because of rising inflation and interest rates.Robert Gardner, the chief economist at the UK’s second largest mortgage lender, said the housing market is currently “remarkably robust” despite the end of incentives such as the government’s stamp duty holiday at the end of September. Continue reading…
Source : theguardian.com
Read more…Higher interest rates ‘could weigh on UK housing market’
