August 17th, 2016
Mark Carney, the governor of the Bank of England, clearly confirmed in the wake of the recent cut to the Bank base rate to 0.25 per cent that any banks not passing on the benefit of the cut to customers would be financiall... Read More
August 12th, 2016
There is currently a huge demand for housing in the UK especially in and around the cities such a London and Manchester. This has had a big knock on effect to many contractors looking to purchase their first home or lookin... Read More
August 9th, 2016
The Bank of England announced a cut in its base rate to a record low of 0.25% and has indicated a possible further rate cut later in the year.
In response, lenders are announcing changes to their variable rates.
... Read MoreAugust 4th, 2016
The Bank of England have today cut their Base Rate of interest to 0.25%, following August’s meeting of the Monetary Policy Committee.
The new rate represents a record low, and is the first rate cut since 2009, fol... Read More
August 3rd, 2016
The Monetary Policy Committee of the Bank of England will sit down tomorrow to discuss, amongst many key financial matters, whether a cut to the Bank of England base rate is necessary. It was widely predicted in June that ... Read More
July 25th, 2016
Mortgage lending figures for last month reached a level not seen in June for eight years, according to the Council of Mortgage Lenders.
Total lending hit £20.7bn, 16% higher than in May and 3% higher than the same ... Read More
July 18th, 2016
The average asking price of a property throughout England and Wales has fallen by 0.9% according to figures released today by Rightmove.
The average price tag of a home listed on the property website now stands at ... Read More
July 14th, 2016
The Bank of England has today held their Base Rate of interest at 0.5%, following the monthly meeting of their Monetary Policy Committee today.
With many market commentators predicting a reduction in Base Rate follo... Read More
July 14th, 2016
It is expected that the Bank of England’s Monetary Policy Committee will today cut the Bank base rate by 0.25 per cent. Economists have largely agreed that the BOE are close to cutting the rate for the first time in over... Read More
July 12th, 2016
Contractors are rushing to grab what looks set to be the last of the competitive base rates on tracker mortgage deals before repricing from lenders begins, amid the likely base rate reduction later this week.
Since ... Read More
