Tag: Economy

House prices drop 0.1% in February

The largest building society in the United Kingdom, Nationwide, have released figures revealing that house prices fell by 0.1% in February 2015. The report also showed that the rate of price inflation had dropped to 5.7%, meaning that is has … Continue reading

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Posted by: Leanne Halsey Categories: Economy, Property Market, Property News Tags: , , , , , , Comments Off

General election could affect housing market momentum

Countrywide, the UK’s largest property group has warned that the housing market could experience a ‘sluggish’ period in the run up to the general election.

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Posted by: Nicola Severn Categories: Economy, Latest News, Property News Tags: , , , , , Comments Off

Inflation falls to 0.3% in January

UK Consumer Prices Index Inflation went down to 0.3% in January 2015, the lowest rate it has been at since the Office for National Statistics began gathering the data in 1989. This means it has fallen by 0.2% since December … Continue reading

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Posted by: Leanne Halsey Categories: Economy, Latest News Tags: , , , Comments Off

Fixed-rate mortgages at record low

According to the Bank of England, there has never been a better time to be looking to borrow for a home loan. In fact, the interest rates offered on savings accounts at the moment, which themselves are low, are still … Continue reading

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Posted by: Leanne Halsey Categories: Economy, Mortgages Tags: , , , Comments Off

Helping with financial difficulties

Most of us have been there at some point in our life, the recession and the raise of interest rates have meant that financial difficulty has been an issue across the UK. There is hope as positive news talks about … Continue reading

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Posted by: Samantha Turner Categories: Finance, Mortgages, Uncategorized Tags: , , , , Comments Off

Inflation set to remain low

Inflation is not likely to rise above 1% for the remainder of the year, with falling oil prices and prolonged low interest rates emblematic of a period of financial relief for Britain’s consumers, according to a new report.

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Posted by: Leanne Halsey Categories: Conveyancing Careers, Economy, Latest News Tags: , , Comments Off

Bank of England’s MPC United on Holding Interest Rates

The Bank of England have agreed to keep interest rates at a record low of 0.5%. This came after a retreat by two members of the Bank’s flagship Monetary Policy Committee (MPC), Ian McCafferty and Martin Weale, who had originally … Continue reading

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Posted by: Leanne Halsey Categories: Economy, Latest News Tags: , , Comments Off

2015 property market looking good

So it has been quite a year for the UK property market, we have seen house prices soar in London and big changes to the way the mortgage market operates. We are heading into 2015 with a healthy market, talk … Continue reading

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Posted by: Samantha Turner Categories: House Prices, Industry News, Latest News, Uncategorized Tags: , , , Comments Off