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...
by Taryn Johnston | Sep 16, 2022 | Mortgages
The Bank of England could raise the base rate from 1.75 per cent to a peak of 4 per cent next year, according to a leading economic consultancy. A “potentially huge fiscal expansion” will force the Bank of England to raise interest rates to a peak 4 per cent next...
by Taryn Johnston | Aug 16, 2022 | Mortgages
A leading economist has warned that the Bank of England (BoE) could increase interest rates by another 0.5% to 2.25% at the next Monetary Policy Committee (MPC) meeting. The warning comes as the number of job vacancies fell for the first time in two years, while...
by Taryn Johnston | Apr 4, 2022 | Mortgages
Property prices are now 21% higher than before the pandemic struck in early 2020 Annual house price growth increased to 14.3%, according to Nationwide, from 12.6% in February. The building society said this marked the highest level of growth since 2004, taking the...
by Taryn Johnston | Mar 22, 2022 | Mortgages
The average price of a property coming onto the market came to £354,564 in March, shows the latest house price index from Rightmove. This 1.7% monthly increase, which compares to 2.3% in February, is the largest recorded for March since spring 2004. It also means that...
