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The Independent UK
The Independent UK
National
Matt Mathers

House prices: Should I sell my home before property values plunge?

Bank of England Andrew Bailey Interest Rates Savills
PA Archive

The Bank of England has raised interest rates to 3 per cent - the biggest hike in the base rate since 1989.

Andrew Bailey, the central bank’s governor, said officials had no choice but to increase interest levels by 0.75 per cent to tackle soaring inflation, currently running at 10.1 per cent.

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