Bank of England
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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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Guest Blogs
Surprise late Autumn boost for Prime London sales market
Knight Frank’s Tom Bill says London continues to outperform the rest of the UK, largely because prices grew by relatively less during the pandemic.
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Latest property news
SDLT and inheritance tax cuts main industry hopes for Autumn statement
Chancellor Jeremy Hunt delivers the Autumn statement next week and agents are on tenterhooks as to what he has in store for the PRS.
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Latest property news
Prime housing market ‘not immune to weak economy’
Knight Frank’s Tom Bill says some form of UK-wide support for the housing market would be welcome given the negative events suppressing demand.
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Latest property news
Interest rate held again at 5.25%
The Bank of England has decided to keep the base rate at the same level for the second review in a row.
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Housing Market
House sales slump 17% in September as cost of living continues to bite
Estate agents and housing experts say would-be buyers are struggling to save for deposits and are worried about finances.
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Latest property news
Mortgage approvals fall to lowest level since start of the year
Bank of England says that this was the third consecutive month that mortgage approvals have fallen while remortgaging is at its lowest since 1999.
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Latest property news
Mortgage demand to decline as default rates rise
The Bank of England says availability of secured credit to households decreased in Q3 and is expected to decrease further in Q4.
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