The Bank of England raises interest rates to 1.75%
The Bank of England has increased rates by 0.5%, making it the most significant increase in 27 years, with the interest rates rising to 1.75% from 1.25%. The rate rise comes as an attempt by the Bank to slow down inflation, which it sees passing 13%...
Checklist before applying for your first mortgage
With inflation on the rise and the cost of borrowing set to continue to increase, lending criteria may tighten up, especially if you are looking to apply for your first mortgage. With rental prices increasing due to the rise in property prices, the...
Why now is the time if you are looking to sell!
According to Zoopla’s House Price Index, the housing market is showing signs of a slowdown. If you are looking to sell your home, now is a good time to do so! Zoopla’s House Price Index shows that house prices have broadly remained the same since...
Extra Protection & Powers for Renters with the Renters Reform Bill!
The government has recently released the long-awaited Renters Reform White Paper, which is set to introduce significant changes in the private rental sector for 30 years. The government aims to set a fairer private rental sector, and with the Renters...
The Bank of England has increased the base rate to 1.25%
The Bank of England has increased the interest rate from 1% to 1,25% in an attempt to stem the pace of soaring prices. With the rising cost of living driven by record fuel, energy and food prices, inflation is currently at a 40-year high of 9%,...
The average UK house price hits record highs!
In April 2022, the average UK house price hit a record high even after the property market started to stabilise, as more properties are now coming into the market. Since the pandemic, buyer demand outweighed available properties, significantly increasing...
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