The Bank of England increases the base rate

The Bank of England increases the base rate

The latest announcement from the Bank of England to increase the base rate to 1.75% marks the sixth consecutive rate rise. The Bank of England has just announced that the base rate is increasing to 1.75% in a bid to combat rising inflation. The Bank has just announced...
House Price Growth Predicted To Slow

House Price Growth Predicted To Slow

Leading estate agent Knight Frank predicts that house prices will see just a small increase next year, and the market, in general, will begin to slow. There’s been a consistent rise in house prices throughout the pandemic. The average property price has risen by 10.9...
Third Interest Rate Rise Since December

Third Interest Rate Rise Since December

The base rate has just gone up to 0.75 per cent. So, what does this mean for you and your mortgage and what should you do next? The Bank of England’s Monetary Policy Committee has today (17 March) voted to increase the base rate from 0.5 per cent to 0.75 per cent....
Inflation could rise but there’s new optimism for the economy

Inflation could rise but there’s new optimism for the economy

The fuel price increase has been scrapped in the Autumn Budget while help is at hand for businesses, but the Chancellor warns that inflation could rise. Here’s our quick summary of the key points of the Autumn Budget. Chancellor Rishi Sunak has declared a ‘new wave of...