The base rate remains at 5.25% again

The base rate remains at 5.25% again

14 Dec 2023 | News, Property, Remortgage

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

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

19 Oct 2023 | Blog

A monthly update from our Managing Director, Monica Bradley, 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...
The base rate stays the same

The base rate stays the same

21 Sep 2023 | First Time Buyers, Moving House, News

The Bank of England has reviewed the base rate and chosen to keep it where it is. The rate currently stands at 5.25%. If the rate had gone up, this would have been the 15th consecutive rate rise. While anyone on a fixed-rate deal would not have been affected, those on...
Inflation remains a challenge

Inflation remains a challenge

16 Aug 2023 | News

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...
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The 95% Mortgage Guarantee Scheme

The government’s new 95 Per Cent Mortgage Guarantee Scheme launched on Monday 19 April 2021. The aim of the scheme is to make more 95 per cent mortgages available to those with smaller deposits. First-time buyers can apply but you don’t have to be one to be eligible.

If you would like more information, fill in your details and one of our mortgage advisers will contact you.

 

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