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Developers face ‘significant challenges’ amid construction delays as rate rises again

Mark Helprin by Mark Helprin
August 3, 2023
in Real Estate
Developers face ‘significant challenges’ amid construction delays as rate rises again
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The Bank of England’s Monetary Policy Committee (MPC) has increased the bank rate by 0.5 percentage points to 5.25%, causing ”significant challenges” for developers, according to property experts.



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