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Soaring prices are putting properties out of reach for many, with unaffordability reaching the worst level since the end of the last major crash, according to figures produced for The Daily Telegraph. The warning coincides with news that the average mortgage rate has reached seven per cent, with millions of households paying well above the Bank of England's 5.25 per cent. With the Bank expected to increase borrowing costs for the fourth time in a year - possibly as soon as Thursday - economists… More information...