Abbey Independent Inventories

News & views from the Abbey

National growth is forecast to drop from 10% to 3-5% as higher borrowing costs dampen demand

  Published by The Gaurdian - Julia Kollewe and Hilary Osborne Tue 28 Dec 2021 00.01 GMT2021 was a boom year for house prices  https://www.theguardian.com/money/2021/dec/28/uk-house-price-growth-2022-forecast Britain’s housing market is to slow dramatically in 2022 as borrowing costs rise and household budgets come under mounting strain, property experts have predicted. After a year of booming prices driven by stamp duty holidays across...

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