Landlord News
Interest rates held steady: What it means for landlords and buyers
The Bank of England has kept its base rate at 4.75%, delivering a widely anticipated decision that highlights ongoing caution around inflation. With rates now…
bank of england
Landlord News
Base rate cut brightens UK property market outlook
The Bank of England has reduced the base rate to 4.75%, marking the second rate cut this year. The decision, backed by nearly all members…
Landlord News
Mortgage approvals rise for fourth consecutive month
Mortgage approvals for house purchases climbed to 65,647 in September, up 1.1% from 64,958 in August, marking the fourth consecutive month of positive growth, according…
Landlord News
Bank of England holds rates at 5%: What it means for the property market
The Bank of England has decided to keep interest rates steady at 5% for the second consecutive month, with eight of the nine Monetary Policy…
Landlord News
UK mortgage approvals rise, hinting at renewed confidence in the housing market
UK mortgage approvals in July saw a slight increase, with figures reaching 61,985—a 2.3% rise from June’s 60,611. This marks the second consecutive month of…
Landlord News
Steady mortgage approvals hint at market optimism
The latest mortgage approval figures from the Bank of England reveal a stable housing market, with 59,976 mortgage approvals for house purchases in June. Although…
Landlord News
Bank of England maintains base rate at 5.25% despite hitting inflation target
In a move that surprised some but aligned with many economists’ expectations, the Bank of England’s Monetary Policy Committee (MPC) voted 7 to 2 to…
Landlord News
Inflation drops to Bank of England’s target for the first time in three years
Inflation in the UK has finally hit the Bank of England’s target, reaching 2% in May for the first time since July 2021. This marks…
Landlord News
Bank of England poised for potential interest rate cut, hints deputy governor
As the UK braces for crucial inflation data release tomorrow, speculation mounts about the Bank of England’s next move on interest rates, with potential cuts…
Landlord News
Bank of England Holds Interest Rates Steady at 5.25%
The Bank of England, under the leadership of Governor Andrew Bailey, has once again opted to maintain the base interest rate at 5.25%, a 16-year…
Landlord News
Bank of England Maintains Interest Rate at 5.25%, Sparks Industry Analysis
The Bank of England has announced its decision to keep the base interest rate steady at 5.25%, marking the fourth consecutive time this rate has…
Landlord News
Bank of England Maintains Interest Rate, Impacting Mortgages and Property Market
The Bank of England has chosen to keep its interest rate steady at 5.25%, marking two years since the initial rate increase began on 16…
Landlord News
Rising Mortgage Arrears Signal Tough Times Ahead, Bank of England Reports
The Bank of England’s latest figures reveal a concerning trend in the UK’s mortgage market, with £18.8 billion of mortgage borrowing in arrears in the…
Landlord News
Bank of England Points to Landlord Exodus for Rising Rents
In its recent quarterly analysis of the economy, the Bank of England has attributed increasing rents to an above-average number of landlords exiting the private…
Landlord News
Bank of England Retains Interest Rates: Reactions and Implications for the Property Market
In a move marking a departure from the trend observed over the past 15 months, the Bank of England has elected to keep interest rates…
