The latest inflation stats from ONS for November show a fall from 6.7% to 4.6% which was more than expected. This means inflation is at its lowest level since 2021. This is good news for borrowers as it takes the pressure off the Bank of England to increase the base rate. This may lead to …
Bank of England announcement, rates unchanged at 5.25% Following on from recent inflation figures The Bank of England have voted 6 – 3 to leave rates unchanged at 5.25%. This can only be viewed as good news and hopefully indicates that cuts may be closer than originally predicted. Fixed rate mortgages are priced in line …
Rates unchanged at 5.25%. Green shoots appearing? Read More »
Bank of England Holds Interest Rates at 5.25% Following on from better than expected inflation figures The Bank of England have voted 5 -4 to leave rates unchanged at 5.25% bringing to an end 14 consecutive rises. This can only be viewed as good news and hopefully will be the beginning of lower rates for mortgage …
Interest Rates announcement. BOE holds at 5.25%…. Finally some good news Read More »
House prices fall by 5%. Good news for First Timers and Home Movers. According to the Nationwide Building Society, houses on average have fallen by 5.3% in the 12 months to August 2023. If you’re looking to buy your first home or move up the ladder this should be seen as positive news. It may …
Bank of England Base Rate Rises by 0.25% The Bank of England have increased the Base Rate to 5.25%, this is the 14th consecutive rise. At first glance this is not good news, certainly if you have a base rate tracker mortgage, but this is half what experts were predicting until we saw a drop …
The June figures show a fall from 8.7% to 7.9% which was more than expected, experts were forecasting a figure of 8.2%. This is good news for borrowers as it takes the pressure off the Bank of England to increase the base rate as much as they may have done. What does this mean for …
