Tag: Interest Rates
Landlords slash borrowing amid rising interest rates
Buy to let landlords have cut down their mortgage debt by almost 20% in a year of economic turmoil, according to a new report.
Octane...
BTL landlords in mortgage arrears rockets by 29%
The number of BTL landlords who are behind on their mortgage payments has rocketed by 29% in the last quarter, UK Finance says.
The...
No crash in sight: UK house prices defy expectations of a...
Economists have revised their forecasts for UK house prices, saying they will not fall this year as the property market defies expectations...
Landlords split on selling property amid rising costs
Landlords in the UK have different plans for their portfolios in the next 12 months, with two-thirds (66%) of landlords not wanting...
Bank of England holds firm at 5.25%
The Bank of England’s Monetary Policy Committee (MPC) voted 6 to 3 to maintain the Bank Base Rate at 5.25%. Despite the Fed freezing...
BoE leaves interest rate unchanged – property secto...
UK interest rates have been left unchanged at 5.25% by the Bank of England in a move economists had expected.
The Bank had previously...
UK house prices rise in October – but see an annual...
UK house prices rose by 0.9% in October – but the annual rate of house price growth remained negative at -3.3%, the latest figures...