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Mortgage market

Help to buy mortgage scheme coming to an end

The new chancellor Phillip Hammond has announced that the government’s help to buy mortgage scheme will be closed by the end of 2016. In a letter to the Bank of England, the chancellor said the scheme had a “specific purpose…

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Property market trends in 2016

Predicting property market trends is never easy but with the best available information we can highlight some factors that will influence the UK property market in 2016. The saying goes “if America sneezes, we catch a cold”, so the decision…

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UK interest rates held at 0.5%

On Wednesday 9 December 2015 the Bank of England Monetary Policy Committee UK interest rates voted 8 to 1 to leave interest rates unchanged again at 0.5%. The nine rate-setters on the Monetary Policy Committee (MPC) voted 8-1 for no…

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