Tag: Interest rates

Snakes and ladders; our housing journey

First time buyers are front of the pack in the Government’s drive for home ownership, with much recent housing policy aimed at supporting their first purchase. But once they become home owners their journey doesn’t end, even if the state … Continue reading

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Posted by: Laura Ellis Categories: Buying Property, Economy, Latest News, Property Advice, Property Market, Selling Property, Uncategorized Tags: , , , , , , , , , , , , , , Comments Off on Snakes and ladders; our housing journey

Banks favour borrowers with a 25% deposit

Banks are tightening their criteria for lending money to borrowers. Official figures show that they are shunning those with lower deposits in favour of people who have more money to put down initially.

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Posted by: Samantha Turner-Meyern Categories: Economy, Finance, Uncategorized Tags: , , , , Comments Off on Banks favour borrowers with a 25% deposit

Homeowners hurry to remortgage

Recently released data reveals homeowners are switching to record low fixed mortgage rates in a bid to take advantage of the ongoing price war between lenders and the increased equity available on their homes. The firm Legal Marketing Services have … Continue reading

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Posted by: Leanne Halsey Categories: Finance, Mortgages, Property Advice Tags: , , , , , Comments Off on Homeowners hurry to remortgage

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 on Fixed-rate mortgages at record low

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 on Bank of England’s MPC United on Holding Interest Rates

Interest rate rise on the cards

Mark Carney, talking to Birmingham Post, had claimed that inflation is likely to drop below 1% over the next few months, not rising again until late 2015. “…for this economy to have balance and inflation to get back to 2% … Continue reading

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Posted by: Leanne Halsey Categories: Economy, Industry News Tags: , , 1 Comment

Fixed-rates for mortgage plans reach new low

The steady decrease in fixed-rate mortgage prices continues as HSBC announce new mortgage plan with a five-year fixed-rate of 2.48%, edging ever closer to the record lows set by Yorkshire Building Society at 2.44% in August 2013.

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Posted by: Leanne Halsey Categories: Latest News, Mortgages Tags: , , , , Comments Off on Fixed-rates for mortgage plans reach new low

Interest rates could be retained at historic low for a while yet, says a Bank of England Governor

  Interest rates might be retained at their historic low of 0.5% for far longer than first expected, the Bank of England’s deputy governor has identified, in what will be welcome remarks to those suffering from the inflationary pressures of … Continue reading

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Posted by: Leanne Halsey Categories: Economy, Latest News Tags: , , , , Comments Off on Interest rates could be retained at historic low for a while yet, says a Bank of England Governor