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Βι¶ΉΤΌΕΔs but no loans

With banks chasing profits and affordable mortgages harder to find, Michael Robinson asks what impact the new housing freeze will have on Britain's economy.

Βι¶ΉΤΌΕΔs but no loans. Despite the threat of a new slide in house prices and rising levels of negative equity, the number of property-buyers having their homes repossessed has declined over the past year. But now many economists predict interest rates will rise in the course of 2011, fuelling fears that Britain's housing market could be facing a double dip. With banks chasing profits and affordable mortgages harder to find. Michael Robinson asks what impact the new housing freeze will have on Britain's already battered economy.
Producer: Andy Denwood.

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40 minutes

Last on

Sun 30 Jan 2011 17:00

Broadcasts

  • Tue 25 Jan 2011 20:00
  • Sun 30 Jan 2011 17:00

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