Interest rates: How will the Bank of England's decision to hold rates impact house building targets?

The Bank of England has held its main interest rate at 5.25%, spelling bad news for millions of mortgage payers and those hoping for some respite from high rates.

Housing affordability has been a key issue in the run up to the election and all of the main parties have made various pledges on housebuilding and planning.

As part of our Campaign Check series, our economics and data editor Ed Conway has been looking at how those targets stack up.

Read more: https://news.sky.com/story/general-election-2024-sunak-starmer-conservatives-labour-reform-davey-lib-dem-12593360

#interestrate #housing #politics

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