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The inflation rate in the UK has slightly gone up for the first time this year deviating from the 2% rate seen in recent months. Recent official data shows a 2.2% increase in prices in July surpassing the Bank of England’s 2% target…
A major development in the UK housing sector has been the recent decrease in mortgage rates by financial institutions such as HSBC and Barclays following a base rate cut by the Bank of England. This competitive approach…
Deciding whether or not to involve your partner in your mortgage is a decision that can impact both your situation and your relationship. While many couples see this as a step forward it’s important to weigh the benefits and drawbacks…
Whether you’re a homeowner or a first time buyer navigating through the maze of financial terms when buying or selling a house can be daunting. It’s essential to grasp the terminology related to property sales to make informed decisions…
The recent announcement by the Bank of England to lower the interest rate from 5.25% to 5% represents its first reduction since March 2020 attributed to the impact of the pandemic. The decision supported by a majority within the…
The Bank of England is currently under pressure to reduce interest rates, with influential voices arguing this could alleviate the financial burden on households and businesses across the UK. A potential cut could be announced…
In a historic turn of events, the Labour Party has secured a sweeping victory in the recent general election, winning over 400 seats and decisively ousting the Conservative incumbents. Sir Keir Starmer, the newly elected Prime Minister…
The question “when will mortgage rates go down?” consistently generates high search volume, reflecting the concern many homeowners and prospective buyers have about the future of their mortgage payments…
For the first time in nearly three years, the UK’s inflation rate has hit the Bank of England’s target of 2%. Official figures released show that prices rose at an annual rate of 2% in May, down from 2.3% in April. This milestone is seen as a…
The UK housing market has returned to its pre-pandemic size, according to the latest analysis from Savills. This marks a significant milestone, considering the dramatic fluctuations the market has experienced over the past few years…
