House prices could drop by up to 15% amid fears of interest rate hikes, analysts warn
Residential property prices could plummet by up to 15% next year amid growing concerns of further interest rate increases, mortgage brokers have warned. A number of mortgage professionals have seen a surge in enquiries from homeowners and property buyers scrambling to secure new deals on their homes before the Bank of England increases rates further, with predictions its monetary policy committee could raise interest rates to 6% next year…
