Bank raises base rate to 5.25%

Bank raises base rate to 5% The Bank of England (BoE) has increased the base rate by 50 basis points to 5.25% — its 13th consecutive rise.  This is the biggest rise since February, and follows two monthly increases of just 25 basis points.  The BoE’s Monetary Policy...

Track Record Mortgage presented by Skipton Building Society

Track Record Mortgage presented by Skipton Building Society. Up to 100% LTV mortgage for first-time buyers currently renting, who can demonstrate a track record of affordability of ALL monthly rent and household expenditure for a minimum of 12 months in the last...

Bank of England base rate expected to hit 4.5 per cent next week

Experts expect that the Bank of England (BoE) base rate will rise 0.25 per cent next week to 4.5 per cent. This will be the 12th consecutive month in a row that the base rate has risen as the Bank of England has faced months of inflation above 10 per cent and a...

Bank rate to fall ‘further and faster’ than expected in 2024

The Bank of England’s base rate will be held up next year despite falling inflation, followed by a steeper than expected decline as economic pressures ease. In its economic outlook, Capital Economics predicted that a drop in inflation would not immediately result in a...

31% of properties receive offer within one hour of viewing

According to data from the past five years, nearly one in five properties (17%) received an offer within one hour of a viewing, with one in 14 buyers (7%) making an offer on a house without even visiting it. This trend is far more common in 2022 as 31% of properties...

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