August 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
July 6th, 2016
Following the EU referendum on the 23rd of June, there has been a lot of uncertainty surrounding savings and property, with questions from prospective savers and house buyers unsure with what they should do with their mon... Read More
July 1st, 2016
As the dust clouds start to clear a little following last week’s referendum result, clear casualties of the UK’s vote to leave the EU have emerged.
Whilst the media focuses on the tattered reputations of the lea... Read More
June 29th, 2016
An economist at investment bank UBS has suggested that the Bank of England’s Base Rate of interest could fall to 0% by the end of the year, following last week’s Brexit vote.
David Tinsley said that the UK’s v... Read More
