Housing & mortgage round up: House prices fall, whilst buy to let mortgages boom

Housing & mortgage round upThis week sees the UK’s two largest mortgage lenders disagree about the direction of house prices, whilst new figures show just how hard life is for first time buyers, whilst the buy to let mortgage market continues to boom. Are you looking for mortgage advice?...

No change to interest rates or QE, what does it mean for you?

As expected the Bank of England has left interest rates at 0.5%. It also announced that there would be no immediate increase to the existing £375 billion program of Quantitative Easing. Interest rates The Bank’s Monetary Policy Committee (MPC) has now kept interest rates at 0.5% since March 2009 and with mixed economic news any change in November was always unlikely. Retiring soon? Our advisers can help you make the right decision...

Housing & mortgage round up: Interest rates on hold and house prices rise

Housing & mortgage round upA packed week for housing and mortgage stories with some good news thrown in for a change. The Bank of England have kept interest rates on hold and two surveys show a rise in house prices. First time buyers also feature heavily this week, although the news is more mixed for this beleaguered group of would be homebuyers. Are you ...

No surprises as interest rates stay at 0.5%

As expected the Bank of England have left interest rates unchanged at 0.5% and announced no further quantitative easing (QE) measures. In a separate move the European Central Bank (ECB) kept interest rates in the Eurozone at 1.5%. The announcements come in a week of turmoil for the financial markets and the global economy, with worries about the levels of debt in the US, Italy, Spain and Greece at the forefront of many people’s minds. UK interest rates It is the 29th month in a row that the Monetary Policy Committee (MPC) has voted to keep interest rates at 0.5% sending a clear message that ...