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...
by James | May 12, 2023 | Mortgages
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...
by James | May 9, 2023 | Mortgages
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...
by Taryn Johnston | Dec 8, 2022 | Mortgages
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...
by Taryn Johnston | Oct 10, 2022 | Mortgages
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...
by Taryn Johnston | Sep 26, 2022 | Mortgages
The Chancellor plans to cut income tax and stamp duty in order to boost growth. In last week’s mini-budget, Chancellor Kwasi Kwarteng announced a series of measures designed to stimulate economic growth. Among these are tax breaks for businesses and increased...