interest rates
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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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Latest property news
Interest rate rise clauses in rental contracts a ‘can of worms’ says expert
Reported rise in their use by letting agents as landlords seek to insulate themselves from BoE interest rates questioned by Julie Ford.
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Housing Market
‘Bank of England will hike rates despite falling inflation’
The fall was driven by a reduction in the energy price cap and food prices but services inflation which the bank monitors rose to 7.4% from 7.2%.
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Latest property news
AGENT BLOG: This week’s inflation data will be vital for agents
Tom Bill says anyone buying or selling should watch Wednesday's inflation data closely as it will provide a good steer on the direction of interest rates.
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Housing Market
INDUSTRY REACTION: Base rate raised to 5.25%
Warnings went unheeded by Governor Andrew Bailey and Monetary Policy Committee that another rate rise would risk damaging the UK’s fragile economy.
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Housing Market
Interest rates are expected to be cranked up today – but is that the right thing to do?
Trevor Abrahmsohn says it is folly to increase interest rates today without giving the last 13 increases a chance to make their full effect felt.
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Latest property news
COMMENT: Why did the Bank of England hike the Base Rate so aggressively?
Leading estate agent cases a critical eye over yesterday's decision to raise the base rate by half-a-percent to 5%.
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Latest property news
Landlords call for mortgage interest relief to be reintroduced
On the back of the interest rate hike, landlords are calling for the reintroduction of mortgage interest relief in full and for housing benefit rates to be unlocked.
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Latest property news
REACTION: Bank of England raises base rate by 0.5% to 5%
Despite worries that a higher rate will damage the property market, the BoE believes getting inflation under control is more important.
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Features
The outlook for 2023
Kate Faulkner summarises the factors bearing down on the property market and thinks one thing is for sure: uncertainty...
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