http://www.mortgageguideuk.co.uk/blog/uk-housing-market/will-rate-cuts-revive-flagging-housing-market/ Simplifying Finance, Housing and debt Fri, 10 Feb 2012 11:38:14 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.mortgageguideuk.co.uk/blog/uk-housing-market/will-rate-cuts-revive-flagging-housing-market/comment-page-1/#comment-1934 Russell Hughes Mon, 08 Dec 2008 10:58:29 +0000 http://www.mortgageguideuk.co.uk/blog/?p=374#comment-1934 The rate cut will have a positive effect on the housing market if the banks pass on the rate cuts to their customers. Unless we can inspire consumer confidence and encourage spending then the housing market will remain flat. Mortgage lending will never return to past levels but unless rates come down so that people can borrow the market will continue to decline for years to come. The rate cut will have a positive effect on the housing market if the banks pass on the rate cuts to their customers. Unless we can inspire consumer confidence and encourage spending then the housing market will remain flat. Mortgage lending will never return to past levels but unless rates come down so that people can borrow the market will continue to decline for years to come.

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