Britannia Signals Property-Price Standstill As It Posts Record Profit
Evening Standard - London › February 09, 2005
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Summary
BRITAIN'S second-largest building society today warned homeowners to brace themselves for up to three years of little or no price growth as the property market cools.
Reporting record profits today, Britannia chief executive Neville Richardson said it could take this long for the gap to close between average earnings and the cost of a new home.See the full content of this document
Extract
Britannia Signals Property-Price Standstill As It Posts Record Profit
He added: "The market has been slower in the past couple of mon...
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