‘We should be at the top of the base rate cycle’

‘We should be at the top of the base rate cycle’

A monthly update from our Sales Manager, Phil Leivesley, on the reported ‘price war’ among mortgage lenders and what the long-term future might be for interest rates. What’s been happening in the mortgage market in the past few weeks? Over the last few weeks, I’ve...
Inflation remains a challenge

Inflation remains a challenge

CPI inflation goes down in July compared to June, but air travel and hotel costs keep core inflation stubbornly high. Consumer Price Index inflation (CPI) went down from 7.9% in June to 6.8% in July, according to figures published by The Office for National...
Inflation dropped in June

Inflation dropped in June

Inflation fell to 7.9% in June, which marked a pleasant surprise for the mortgage industry. So what will happen with interest rates now? Read on… With rising interest rates, and the cost of living still expensive, you could be forgiven for thinking there’s very little...
Interest rates are coming down

Interest rates are coming down

While interest rates are no longer at the historic lows we saw last year, they are starting to come down and the market is showing signs of stability. The Bank of England base rate has increased steadily all year in a bid to combat inflation. On 3 November, it was...
Key points from the Autumn Statement

Key points from the Autumn Statement

The Chancellor’s Autumn Statement was issued yesterday (17 November), and there was some good news for homebuyers regarding stamp duty. Here’s a quick summary… Chancellor Jeremy Hunt yesterday revealed his Autumn Statement. The Chancellor said he wants to restore...