Posted on Thursday, August 22, 2024
Traditionally, Autumn is a fairly muted period for the property industry. However, with the recent base rate cut having provided a significant psychological boost for the market, a late-summer surge may well be on the horizon, according to some property experts.
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Posted on Friday, July 26, 2024
With the next Monetary Policy Committee scheduled for August 1st, mortgage borrowers and businesses will inevitably be pinning their hopes on a long-overdue reduction on the 5.25% base rate (a 16 year high for interest rates.)
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Posted on Thursday, July 4, 2024
As the nation heads to the polls today, speculation is mounting as to how either outcome might potentially impact the UK property market.
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Posted on Thursday, June 27, 2024
Following the Bank of England’s hints of a summer base rate cut, three major High Street lenders have this week cut their rates, in a first tentative move towards a 'new normal' for the mortgage market.
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Posted on Thursday, June 20, 2024
According to the latest BoE announcement, the benchmark 5.25% interest rate will remain unchanged. This will no doubt have positive ripple effects for the property industry, which has already begun to enjoy tentative signs of recovery in recent months.
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Posted on Thursday, May 23, 2024
Following the announcement that the next general election has been brought forward to July 4th, attentions have turned to the question of how – if at all – this decision might impact the UK property market.
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