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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 change, predicting that inflation would stay below 1% until the second half of next year….

Mortgage lending back to pre-crash levels

According 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 £13.1bn in September and the highest monthly level in more than seven years. Richard Woolhouse,…

New instructions for sale – 3 bedroom terraced house, Woodland View development

Foster Lewis and Co are delighted to confirm new instructions for sale received on this recently built ‘Kingsford’ terraced home located in the delightful Woodland View development. One of four homes in the terrace, the accommodation briefly comprises of an entrance hallway with ground floor WC, a stylish fitted kitchen with oven/hob, a spacious lounge…