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BoE rate hike: Shojin chief warns of squeeze on property investors

BoE rate hike: Shojin chief warns of squeeze on property investors

Shojin has warned that the rate hike will impact property investors

Shojin chief Jatin Ondhia has warned that higher borrowing costs will lead to buy-to-let investors exiting the market, in the wake of the Bank of England’s decision to hike the base rate to five per cent. Ondhia, who runs the peer-to-peer property lending platform, said that the central bank’s ‘do what it takes’ approach “will […]

The post BoE rate hike: Shojin chief warns of squeeze on property investors appeared first on Peer2Peer Finance News.

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