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Housing market

World news about “Housing market” published by euronews.

13/06 15:02 CET

British central bank’s mortgage powers beefed up to avoid housing bubble

British central bank’s mortgage powers beefed up to avoid housing bubble

Britain's finance minister George Osborne is to give the Bank of England stronger powers to curb mortgage lending. Domestic property prices in the UK are super-hot , having by 11 percent over the past year and are back close to pre-crisis levels. The move was welcomed by…