Bank of England
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Latest property news
Prime London sales market off to a bumpy start in 2024
Knight Frank’s Tom Bill says stubborn underlying inflation and increasing mortgage rates have taken the shine off future expectations.
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Latest property news
REACTION: Bank holds base rate at 5.25% in split vote
The Bank of England and Governor Andrew Bailey have held the base interest rate at 5.25% for the fourth time running.
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Latest property news
Bank of England ‘set to hold’ interest rate today
Most experts believe Andrew Bailey and the Bank of England's Monetary Policy Committee will keep the base interest rate at 5.25% when a decision is announced today.
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Latest property news
BLOG: Buyers return to market amid falling mortgage rates
Zoopla’s Richard Donnell says improvement in market activity looks to be rolling over into the start of 2024, driven by improving mortgage rates.
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Latest property news
LATEST: Race to offer best mortgage deals intensifies
HSBC offers first sub-4% five-year fixed rate as the major lenders fight to attract house buyers entering the market.
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Latest property news
Think-tank says higher interest rates have given boost to household incomes
Resolution Foundation says older asset-rich households have gained the most while younger, mortgaged households have been hit hard.
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Housing Market
2024 ‘will be tough’ as mortgage approvals to fall by 24%
Research from GetAgent.co.uk reveals this will be the second year in a row that mortgage volumes have fallen significantly.
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Latest property news
Treasury warns mortgages ‘would jump £2K under Labour’
Officials have done some number crunching of Labour's spending plans and claim they would add nearly £2,000 to mortgage bills.
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Latest property news
Greater number of cheaper mortgages on the way as rates head down
The Bank of England said this week that inflation - the rate prices rise at - fell from 4.6% to 3.9% last month, the lowest for more than two years.
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Latest property news
Bank of England holds base rate at 5.25%
The Bank of England has decided to keep the base rate at the same level for the third review in a row.
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