Historical interest rates in the UK, 1979-2017: rise and fall
Mar 29, 2018 · Black Wednesday September 1992 The UK’s withdrawal from the European Exchange Rate Mechanism on 16 September 1992 meant a rise in the base interest rate from …
Mortgage strategy: UK latest mortgage news
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Halifax includes EPC ratings in maximum lending calculations
Dec 6, 2024 · Halifax will include energy performance certificate ratings when setting maximum lending amounts for borrowers. The lender says a home’s energy efficiency “has an impact on …
Budget 2024: OBR lifts forecast for mortgage rates and house prices
Oct 30, 2024 · The Office for Budget Responsibility has increased forecasts for both house prices and future mortgage rates compared to its March predictions. In its latest Economic and Fiscal …
Budget 2024: Stamp duty on second homes rises to 5%
Oct 30, 2024 · Chancellor Rachel Reeves has increased the stamp duty surcharge on second homes and investment properties from 3% to 5%, effective from tomorrow. Announced in …
Analysis: Mortgage rates up, savings down – are banks profiteering?
Nov 22, 2024 · Banks have come under fire this week for being quick to pass on Bank of England base rate cuts to savers, while hiking the cost of new mortgage deals and leaving standard …
Fixed rates edge lower but affordability remains key issue: …
Dec 6, 2024 · This week provided a healthy mix of fixed rate increases, withdrawals, and product launches, but the main focus was on fixed rate reductions, the latest Moneyfacts figures show. …
BoE’s Bailey expects four rate cuts next year as pressures on …
Dec 4, 2024 · Bank of England governor Andrew Bailey expects four interest rate cuts next year if the economy continues to benefit from easing inflation. The leader of the central bank was …
House prices expected to rise £84k by 2029: Savills
Nov 6, 2024 · Average house prices in the UK are expected to increase by £84,000 over the next five years. This is according to the latest house price forecast from Savills. With inflation …
BM Solutions offers 80% LTV green option – Mortgage Strategy
Nov 22, 2024 · BM Solutions has introduced a new 80% LTV green mortgage proposition. Lower rates are available on buy-to-let products, to those purchasing a property with an Energy …