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UK housing demand weakened due to high mortgage rates and a worsening cost-of-living crisis
Posted on September 19, 2022 |
- The UK housing sector is losing momentum as new-buyer inquiries reduced in recent months as mortgage approvals for house purchases fell below pre-pandemic levels.
- Pre-tax profit grew by 31% to £410m for the 53 weeks to July 3, while revenue grew by 10% to £2.14 billion.
Image: RTE News