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UK property sector welcomes early rates cut and eyes more for 'ripe' deals market

Rate cut to 4.5% but Bank slashes 2025 growth predications
City of London financial district with Royal Exchange building. (Getty Images)
City of London financial district with Royal Exchange building. (Getty Images)
CoStar News
February 6, 2025 | 3:02 P.M.

Real estate experts say additional interest rate cuts this year will help to create a "ripe" market for new deals after the Bank of England dropped rates to 4.5% on Thursday.

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