Bank of England
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Latest property news
More Stamp Duty changes? Spending plan and OBR forecast brought forward
Halloween date will reveal a trick or treat from Chancellor Kwasi Kwarteng as spending plan and OBR forecast brought forward by three weeks.
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Latest property news
Mortgage market stabilises after last week’s mini-budget crisis
Fixed rate mortgages are still much higher than before the Mini-Budget, but the number of offers has risen again.
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Latest property news
Bank of England raises interest rate by 0.5% to 2.25%
There was speculation that the Bank may raise the rate by as much as 0.75% – industry reacts to the news.
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Latest property news
Increasing interest rates will not impact house prices – yet
New research paper from market analysts TwentyCI says price impact won’t be for 12 months.
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Housing Market
Rightmove says stock down 39% on pre-pandemic levels
Prices fall but more likely due to August holidays than rate rises or lack of stock, says property portal.
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Latest property news
Bank’s latest interest rate hike biggest in 27 years – industry reaction
The Bank of England has increased the base rate by 0.5% yesterday, the highest it has been since 2009 and biggest incremental hike since 1995.
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Latest property news
Bank of England’s looser mortgage lending rules ‘not reckless… but baffling’
Mortgage experts cautiously welcome announcement but warn that many still remember how 2008 global crash was caused by 'free for all' rules.
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Latest property news
INDUSTRY REACTS as BoE raises base interest rate to 0.25%
Likely rise in mortgage rates in the medium term fails to worry agents as market continue to motor despite rise of Omicron virus variant.
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Latest property news
BREAKING: Mortgage lending hits highest level ever recorded
Bank of England says homeowners borrowed nearly £12 billion via mortgages during March, up from £6.2 billion the month before.
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Latest property news
Bank of England gives housing market ‘clean bill of health’ after a year of Covid
Bank's national network of agents reports faltering economy in recent months but housing market that has continued regardless.
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