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...
House prices should go up this year, says Halifax

House prices should go up this year, says Halifax

If the base rate goes down in 2024, mortgage rates should fall, and property prices should rise this year, says the lender. Read more about the latest house prices and Halifax’s expectations for the property market. House prices increased on average by 0.1% in April...
April property market update

April property market update

The latest update on the property market, including why figures can vary and why there’s different price growth for different types of properties. You may wonder why there can often be mixed reports about the state of the property market. Some sources may claim that...
House prices remain the same

House prices remain the same

Property prices remain broadly static, but sales volumes are going up, according to Zoopla’s latest figures Annual house price inflation stands at -0.2%, the same as in February, according to Zoopla’s House Price Index. The property website has published its latest...