It’s been almost a year since Liz Truss’s ill-fated mini-Budget. We’re all aware of the chain of chaos that ensued but the impact it had on UK landlords and property investors took a little longer to assess. By early 2023 however, it soon became evident. Pulled products and mortgage rate increases had investment property owners …
The Bank of England has raised interest rates by 0.25 percentage points to 5.25% at its August meeting. This is the 14th consecutive increase and takes base rates to the highest levels since April 2008. After data showed that inflation fell to 7.9% in June, down from 8.7% in May, there were some hopes that …
Quarterly house price growth slowed to 1.2% in June according to Zoopla as sales momentum recovered over the first half of the year. While this modest rise is undoubtedly good news – and thanks to a consumer confidence boost – it does come with the caveat that H2 is set to be trickier, partly due …
The Bank of England raised interest rates by 0.5 percentage points to 5 per cent at its June meeting, the 13th consecutive increase. While this latest rate rise did not come as a surprise given stubborn consumer price inflation (CPI) sticking at 8.7 per cent in May, the size of the increase was somewhat unexpected. …
For the second blog in our small series which tells the stories of those who have been diagnosed with breast cancer, we caught up with Jill. Introduced to us by Prevent Breast Cancer – who were our charity of choice at the recent Victory at Villa Park football match – Jill was diagnosed with breast …
Back in early June, two teams of footballers from the financial services industry battled it out against each other on Villa Park’s hallowed turf. Why? To raise as much money as possible for Prevent Breast Cancer – the only charity dedicated to the detection and prevention of breast cancer. Over £5,000 was donated (including £2,600 …
The Bank of England raised interest rates by 0.25 percentage points from 4.25 to 4.5 per cent at its May meeting, the 12th consecutive increase. Seven members of the nine-strong Monetary Policy Committee (MPC) voted for a 25 basis-point rise, with two voting to maintain base rate at 4.25 per cent. Considering recent events in …
Resilience has been the go-to word to describe the housing market in recent weeks as it continues to defy expectations. As we head into spring, and what is traditionally a busy time for the market as properties start to look their best, encouraging owners to put them up for sale, there are indications that buyers …
The Bank of England raised interest rates by 0.25 percentage points from 4 to 4.25 per cent at its March meeting, the 11th consecutive increase. Seven members of the nine-strong Monetary Policy Committee (MPC) voted for a 25 basis-point rise, with two voting to maintain base rate at 4 per cent. Following the unwelcome and …
Chancellor Jeremy Hunt delivered his first full Budget this week and unlike previous budgets from his predecessors, there was little for the housing market as he focused on pensions and childcare instead. While the almost total absence of housing measures came as a surprise given how important the housing market is to the overall health …
