| From Building.co.uk: Figures reveal negative housing equity withdrawal for second successive quarter. Official figures show that UK homeowners are no longer using their property equity to fund spending, the BBC reports.
Quarterly figures from the Bank of England for July to September have revealed that housing equity withdrawal has been negative for the second successive period, showing that homeowners are now concentrating on paying their mortgages instead of using their property to release cash for spending..... Full Article: Source
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