Mortgage market
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…
Read morePredicting 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…
Read moreThe Bank of England policymakers voted unanimously to keep interest rates February 2016 on hold at 0.5%. The decision was based on recent sharp sell-off in global stock markets and investors’ worries about a slowdown in China. In recent meetings…
Read moreOn 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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