Bank of England Base Rate The Bank of England Base Rate remained unchanged at 5.25% in May. There was speculation that the rate may be reduced at the next meeting on June 20th. However, since the Prime Minister announced a General Election and with inflation...
Most of the main House Price reports suggested that February showed some positive growth for house prices.
When it comes to insurance, many people start with life insurance. The reasons for this are usually linked to inevitability, being the biggest concern and that is used to be conditional with some mortgage lenders (this is usually no longer the case). In actual fact,...
As mortgage rates have increased, many people have explored different options to try and keep their monthly payments as low as possible. Should I switch to an interest only mortgage is a question that has been asked more in recent times, especially in light of the...
The Bank of England Base Rate As anticipated, the Bank of England has opted to keep the interest rate steady at 5.25%, maintaining its position at this 16-year high for the sixth consecutive time. The decision, favored by a 7-2 vote from the Monetary Policy...
Most of the main House Price reports suggested that February showed some positive growth for house prices.
This is a common question when it comes to mortgage related insurance. However, before answering this, the question itself needs closer inspection. Is it mandatory to have life insurance to get a mortgage? This is usually what people mean. In other words, is the...
As mortgage rates have increased, many people have explored different options to try and keep their monthly payments as low as possible. Spreading the payments over a longer period could reduce the monthly outgoing, but there are other important considerations when...
The Bank of England decided to keep rates at 5.25% for a fifth consecutive time in March which wasn’t a huge surprise. Bank of England Governor Andrew Bailey has previously said the Bank would wait for firm evidence that inflation was under control before it cuts...
Most of the main House Price reports suggested that February showed some positive growth for house prices.
