Mortgage market
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…
Read moreAccording to the British Bankers’ Association, mortgage lending by British banks were the highest since July 2008, indicating there is little sign of demand for property slowing down despite spiralling prices. New loans came in at £14.2bn in October, up from…
Read moreAs part of our ongoing effort to improve our services Foster Lewis and Co are pleased to make an online stamp duty calculator available on the website. The calculator is very easy to use – simply type in the purchase…
Read moreA combination of high rents and ever-growing demand has led to the the popularity of buy-to-let (BTL) mortgages soaring. Between July and September, 33,600 new mortgages were taken out for property purchases, making it the busiest quarter since the end…
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