Plans to move home fall 25% following interest rate rise


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Originally published at: https://whichinvestmenttrust.com/plans-to-move-home-fall-25-following-interest-rate-rise/

The proportion of British adults planning a house move in the next six months – consistent throughout 2018 at 8% – fell to 6% in the 48 hours following last week’s interest rate rise, according to new research conducted before and after the last week’s announcement. Following concern that mortgages will start to become…