LATEST NEWS
Monica Bradley Launches New Commercial Lending Firm
Monica Bradley, founder and owner of MB Associates, launches a new commercial company to aupport business owners and entrepreneurs seeking loans PRESS RELEASE Surrey: 19 July 2024… Monica Bradley, founder and owner of multiple award-winning mortgage brokers, MB...
Inflation challenges not over
Despite some positive signs, the battle against inflation is not over yet. CPI inflation held steady in June, but services inflation remained higher than expected. So, what does this mean for the next base rate review? Figures released by the Office for National...
What does a Labour government mean for the property market?
Labour is promising more new homes but what will the change of government mean for house prices? You may be wondering how the change of government will affect the property market and what Labour plans to do to resolve the housing shortage. The financial markets have...
Halifax predicts a house price rise
The lender expects house prices to creep up slightly later this year and says the market has been recovering. House prices remained mostly flat in June, with the annual rate of house price growth unchanged from May at 1.6%, according to Halifax. The lender’s latest...
Major lenders cut their mortgage rates
Some key lenders have made rate reductions this week, and rates have been on a downward trend over the past few weeks. Several major lenders have reduced their fixed-rate mortgage deals in the past few days. NatWest was the first to make rate cuts, followed by...
No change to the base rate
Inflation is down, but the base rate has been held at 5.25% yet again. When is it likely to come down, and what’s happening with interest rates? Find out more… The Bank of England’s base rate has remained the same in today’s review despite yesterday’s news about...
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...
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
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
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...