by James | Oct 11, 2024 | Mortgages
The Bank of England could cut interest rates more quickly if price rises remain under control, its governor has suggested. Andrew Bailey told the Guardian that the Bank could be a “bit more aggressive” at cutting borrowing costs, depending on the rate of inflation....
by James | Jun 20, 2024 | Mortgages
The inflation rate falling to the Bank of England’s 2% target in May could result in reduced mortgage pricing later this year, Rightmove has speculated. The figures published today showed that the Consumer Prices Index (CPI) measure of inflation was finally under...
by James | Feb 26, 2024 | Mortgages
More mortgage providers will increase their rates on new fixed deals on Friday following a series of changes since the start of the year. January saw lenders cutting their rates sharply, bringing some relief to 1.6 million people set to remortgage this year. But...
by James | Dec 20, 2023 | Mortgages, Uncategorized
Are base rate decreases coming soon? The annual inflation rate in the UK continued to fall in November, dropping to 3.9% from last month’s 4.6%. The latest consumer price inflation (CPI) data published by the Office for National Statistics (ONS) on Wednesday also...
by James | Jun 27, 2023 | Mortgages
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...
