LATEST NEWS
The base rate remains at 5.25% again
The Bank of England reviewed the base rate on 14 December and chose to keep it the same for the third consecutive time. The Bank of England’s Monetary Policy Committee (MPC) has today voted to keep the base rate at 5.25%. The rate increased 14 times between December...
MB Associates shortlisted in the Kingston Borough Business Awards
11.12.23: PRESS RELEASE – For Immediate Release MB Associates has been shortlisted as a finalist in the prestigious Kingston Borough Business Awards 2024! We are competing for the coveted title of 'Best In Property Of The Year'. These awards celebrate the impressive...
House prices went up in November, says Halifax
The lender has published its House Price Index, showing another month of price growth, and optimism in the property market has also improved. House prices went up by 0.5% in November, according to Halifax’s House Price Index. Last week, we reported that Nationwide’s...
House price recovery continues, says Nationwide
UK house prices increased for the third consecutive month in November. Want to know more about what's happening in the property market? Read on… House prices rose by 0.2% in November, which was the third consecutive monthly increase, according to the latest Nationwide...
Mortgage Guarantee Scheme Is Extended
First-time buyers may be pleased to hear that in today’s Autumn Statement, the Chancellor revealed that the Mortgage Guarantee Scheme will continue into 2024 and the first half of 2025. Chancellor Jeremy Hunt has just announced that the Mortgage Guarantee Scheme has...
What does the inflation drop mean for mortgages?
Inflation fell to its lowest rate for two years in October, and the latest month-on-month drop was slightly larger than anticipated. What does this mean for the mortgage and property market? Consumer Price Index (CPI) inflation (which relates to goods and services)...
Locations where house prices have risen
Over the past year, we’ve seen house prices decline in general, but some regions of the UK have seen prices move in a positive direction. Read more… Despite average house prices falling by 3.9% over the past year, some areas in the UK have bucked the trend and seen...
House prices went up in October
A slight increase in property prices was seen last month by Halifax, despite sellers being more cautious and buyer demand being down UK house prices went up in October for the first time in six months, according to Halifax. The lender says average house prices rose by...
The base rate stays at 5.25%
The base rate holds firm at 5.25%, which is good news for anyone on a tracker or standard variable rate mortgage. The Bank of England has reviewed the base rate and chosen to keep it at the current level of 5.25%. The next review will occur on 14 December, and...
What do the latest inflation figures mean for interest rates?
Inflation remained steady last month, and food prices came down. Will this mean that interest rates could come down further? Read more… Inflation remained the same in September, staying at 6.7% despite fuel prices rising. Economists had predicted a drop to 6.6% but...