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UK Housing Market Keeps Moving

UK Housing Market Keeps Moving

It’s very much “as you were” in the FX markets as we still await any developments from Washington. Whilst the shutdown remains and the deadline to the debt ceiling creeps ever closer, the markets aren’t showing their hand just yet.

In Europe, we have seen some poor August export figures from France, whilst import and export figures both increased in Germany in August.

In a return to the good old days, the housing market is taking centre stage in the UK. According to the RICS housing survey, the price expectation balance rose to its highest levels since May 2002. IT should also be interesting to see how the Government Help To Buy Scheme is really going to work and if the Banks are going to offer buyers 95% LTV mortgages  and for how long and whether this will do a great deal other than drive house prices up further.

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