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 »
In today’s fast-paced world, employee wellness goes beyond just physical health and mental well-being. Financial health plays a pivotal role in overall wellness, and a secure home is a cornerstone of financial stability. HR managers are increasingly recognising the importance of addressing financial wellness among their staff, and one effective way to do so is …
Boost Employee Financial Wellness with Prospect Tree Mortgages Read More »
5 Year fixed rates falling 5 year fixed rates falling as lenders announce new rates this week. Sub 5% rates released Several high street lenders have released fixed rates below 5% as inflation news filters into cheaper mortgages. Following on from better than expected inflation figures and The Bank of England having voted to leave …
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 »
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 …
