The Bank of England has chosen to maintain interest rates at 4.25 per cent, a move reflecting its cautious approach amidst ongoing concerns over a potential resurgence in
BoE Holds Rates at 4.25% – What It Means for You
Lenders Slash Mortgage Rates Before BoE Decision
Nikka Sulton
Mortgage lenders are currently slashing rates, with two-year fixed deals now at their lowest in nearly three years. According to Moneyfacts, the average two-year fixed mortgage rate stands
Inflation Stuck at 3.4% – Rate Cut Unlikely
Nikka Sulton
UK inflation figures released today have defied expectations, delivering another setback for Chancellor Rachel Reeves and her economic ambitions. Data from the Office for National Statistics (ONS) showed
Unusual Drop in UK Property Asking Prices This June
Nikka Sulton
UK house prices have taken an unexpected dip this June, with average asking prices falling by 0.3% compared to May. This contrasts with the usual trend for the
Tenant Group: Landlords Can Afford EPC Upgrades
Nikka Sulton
Generation Rent, a tenant advocacy group, has stated that most landlords should be able to afford energy-efficiency improvements, as a significant number of them do not have mortgages
More Landlords Sought for Asylum Housing
Nikka Sulton
Labour has indicated that private landlords will need to play a more active role in housing migrants, according to a report by the Daily Telegraph. This move forms
Tax Hike Drives Holiday Landlords Out
Nikka Sulton
High council tax rates and other financial penalties aimed at holiday lets and second homes are now having a noticeable effect on the housing market, according to Rightmove.
Mortgage Rates Steady Before BoE Decision
Nikka Sulton
Most of the major mortgage lenders across the UK have chosen to keep their rates unchanged this week, as they await the Bank of England’s next interest rate
Do House Prices Really Double Every Decade?
Nikka Sulton
The well-known saying that house prices double every 10 years may no longer hold true, according to new findings by Zoopla. Their analysis shows that, on average, property
Renters’ Rights Bill Moves to Next Stage
Nikka Sulton
The House of Lords has confirmed that the Report Stage for the Renters’ Rights Bill is scheduled for 1st July. On the same day, the Bill is expected