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Lack of lending leads to finance famine in UK property market, latest real estate index shows as pri

Nicholas Wallwork

Nicholas Wallwork

Editor-in-Chief
Staff member
Premium Member
The general election in the UK did not hit the UK property market but a continuing lack of lending*has led to a finance famine leaving first time buyers and real estate investors unable to proceed,*according to a new report.

Overall asking prices rose just 0.7% over the last month and fell in some areas as buyers put of*moving, the monthly index published today (Monday May 17) from Rightmove shows.



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