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…
inflation
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
Mortgage Market Defies Inflation Trends with Rate Cuts by Major Lenders
In a surprising twist, major mortgage lenders in the UK, including Santander, Coventry Building Society, and Skipton, have announced reductions in their mortgage rates. This…
Landlord News
Landlords Advised to Lock in Mortgage Rates After Latest Inflation Figures
In the wake of recent inflation updates, MFB, a specialist buy-to-let broker, is advising landlords nearing the end of their mortgage deals to lock in…
Landlord News
Bank of England’s Rate Hike Takes Interest to 15-Year High of 5.25% – Industry Reaction
The Bank of England (BoE) has raised UK interest rates to 5.25%, a level not seen in the last 15 years, marking the 14th consecutive…
Landlord News
House Prices Threatened by a Potential 25% Drop, Says Resolution Foundation
Recent stress tests conducted by the Bank of England have raised concerns about potential financial instability. The results unveiled a worst-case scenario featuring a plunge…
Landlord News
Imminent Steep Decline in House Prices as Mortgage Rates Skyrocket, Warns National Property Association
The National Association of Property Buyers (NAPB) has issued a stark warning: house prices are predicted to drop more steeply due to mortgage rates reaching…
Landlord News
Bank of England could be forced to hike interest rates to 7%, economists warn
In a bid to curb stubbornly high inflation, the Bank of England could potentially raise the UK base rate as high as 7%, warns US…
Landlord News
Inflation Holds at 8.7% Prompting Near-Certain Interest Rate Hike
The price rise rate continues to stubbornly hover at 8.7%, in spite of economists’ predictions of a slight decrease, which could have provided some relief…
Landlord News
Bank of England Hikes Interest Rates to 4.5%: Property Market Braces for Impact
The Bank of England has increased interest rates to 4.5%, up from 4.25%, in an effort to combat soaring inflation. This marks the 12th consecutive…
Landlord News
Official – Scotland’s rents have been rising slower than inflation
Emergency rent freeze official statistics released by the Scottish Government show that landlords have not been profiteering when it comes to rent increases. Against an…
Landlord News
Bank Of England Raise Rates to 1%
Today the Bank of England has raised interest rates by 0.25% to 1%, the highest in 13 years. And what next as inflation set for…
Landlord News
Scotland’s rents up by 1.1 per cent
Average rents for new-to-the-market two bedroom properties in Scotland, the most common type of private rented property, increased in the year to September at a…