【Knight Frank】Prospect of Trump Presidency Intensifies Labour’s Mortgage Market Headache

In a reversal of what took place 12 months ago, borrowing costs climbed during the Christmas break and in early January. This time last year, rates came down due to falling headline inflation. Any positivity had faded by February as underlying inflation proved to be more stubborn than expected. For the new government at the start of 2025, stubborn underlying inflation is just one their problems.

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