You probably saw that Mark Carney, the Governor of the Bank of England, announced a reduction of UK base rate to an all-time low of 0.25% last week. This cut was the first change to base rate since March 2009. In this blog we take a look at how the mortgage / housing industry has… Read more »
Posts Categorized: Politics
Sunshine & Showers, Birthdays & Brexit.
It’s been hit and miss recently as far as weather’s concerned. Hopefully you’ve topped up the tan on the good days, and found an umbrella close to hand on the wet days!! As the exam season is finishing, and schools close their gates for 6 weeks, we’re keeping fingers crossed for sunny days when we… Read more »
So What Happens Now??
Today I’ve received several communications from clients who, following the EU Referendum last week, are asking the question ‘What Happens Now?’ Within that broader question, there are smaller details to consider … Will the number of mortgage products available reduce, will the Bank of England need to raise interest rates, will the value of houses… Read more »
Attacking the goldfish, and feeding the sharks?
With approximately six weeks remaining until the implementation of the higher stamp duty rates for second properties, we take a look at the potentially wide reaching implications that these changes could bring. No one knows what the impact of changes will be, but we’ll take a look at some scenarios that could play out…. From… Read more »
The Help to Buy ISA – Is it the pot of gold at the end of the rainbow?
The 1st of December is usually all about the Advent Calendar, and thinking of getting decorations down from the loft, but this year it is also notable as the date that the Government’s Help to Buy ISA scheme came into effect. First time buyers can, from today, start opening accounts that will allow them to save… Read more »
“We are the builders” says George, but are they really?
When Mr Osborne addressed the Conservative Party conference earlier this week, “We are the builders” was his most often repeated phrase. Among other things, the speech talked of investment in housing, in transport, and in the national infrastructure. He announced plans to give housing association tenants the right to buy, and we’re told that he’ll… Read more »
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