An expected announcement on the future of the country’s biggest steel plant has been delayed, after reports that thousands of jobs could be lost
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Back in the UK property sector, David Hollingworth, associate director at L&C Mortgages says the lack of forced selling is encouraging.
Prices are likely to feel more downward pressure in the near term, though, Hollingworth predicts, adding:
“The hope will be that more activity will gradually return to the market next year, as the more stable mortgage market and the prospect of lower inflation helps to further the current falls in mortgage rates.”
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