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…
interest rates
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
Monthly property transactions hit 100,000 mark for first time since 2022
The UK property market has reached a significant milestone, with the number of monthly property transactions surpassing 100,000 in August 2024. This marks the first…
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
The Mortgage Lender lowers rates on buy-to-let and residential products
The Mortgage Lender (TML) has announced significant rate reductions across its Buy-to-Let (BTL) and Residential product ranges, making its offerings more accessible to property investors…
Landlord News
Interest rate cut expected to boost mortgage approvals
The Bank of England’s decision to lower interest rates at the start of August is anticipated to give the housing market a significant lift, according…
Landlord News
Mortgage rates drop to their lowest levels in two years
The recent base rate reduction by the Bank of England has led to a significant decrease in mortgage rates, with many lenders now offering the…
Landlord News
Property investors optimistic about potential rate cuts
Property investors are showing cautious optimism, focusing on the prospect of base rate cuts rather than political changes in the UK or global geopolitical uncertainties,…
Landlord News
Lenders cut mortgage rates ahead of anticipated interest rate reduction
Three of the UK’s largest lenders have reduced their fixed mortgage rates over the past week, anticipating a potential interest rate cut by the Bank…
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
Economists Predict Interest Rate Cuts and 5% Surge in House Prices in 2024
In a striking prediction, economists are forecasting a dual shift in the UK’s financial landscape for 2024: a reduction in interest rates coupled with a…
