House prices remained stable in May

House prices remained stable in May

Halifax’s latest House Price Index showed that monthly house prices dipped just slightly last month, while figures released at the end of May from Nationwide showed a small increase. Both lenders agree that the market is showing resilience. House prices were stable in...
Green mortgages explained

Green mortgages explained

Green mortgages offer favourable rates or cashback for buyers of environmentally friendly homes. So how do you know if your prospective new property purchase fits the bill? Read our handy guide to green mortgages… A green mortgage offers either a favourable mortgage...
Inflation is down, but when will the base rate be cut?

Inflation is down, but when will the base rate be cut?

Figures released by the Office for National Statistics today showed that inflation has come down – and is now only slightly above the Bank of England’s 2% target. CPI inflation, which relates to everyday goods like groceries, fuel and clothing, fell to 2.3% in April,...
No change in the base rate

No change in the base rate

The Bank of England has today announced its decision to hold the existing base rate. So, what does this mean for mortgage rates and the property market for the remainder of this year? In a predicted move on 9 May, the Bank of England’s Monetary Policy Committee has...