interest rates
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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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Housing Market
Bank of England raises interest rate again as expected to 4.5% – industry reaction
Governor Andrew Bailey announces a base interest rate rise for the 12th successive time to deal with inflation – and says inflation is coming under control.
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Housing Market
REACTION: Bank of England raises rates to 14-year high
The Bank of England today raised interest rates to 4% - a 14-year high and the 10th consecutive raise - making rates their highest since 2008 as double digit inflation continues to bite.
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Features
House price indices analysis – calm before the storm
Indices are of course, historical. The real effects of September’s Mini Budget have yet to be felt, says market analyst, Kate Faulkner of Designs on Property.
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Latest property news
Estate agents’ big New Year wish? To see interest rates falling
Poll of property professionals sees nearly two-thirds putting falling rates at the top of their wish list.
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Latest property news
‘Deal rush’ reported as buyers try to complete before loans expire
OTM says 'time to sell' is shortening as buyers scramble to buy homes via mortgage rates agreed prior to Kwarten'g disastrous budget.
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Latest property news
REACTION: Bank of England hikes base rate to whopping 3%
Governors of the Bank of England today voted to raise interest rates by 0.75% from 2.25% to 3% – the highest one day rise in 30 years.
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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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Features
What goes up…
House prices continue to rocket skywards, but with war in Europe and inflation and interest rate on the rise, it can't last, as Kate Faulkner of Designs on Property reports.
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