Browsing: interest rates News
The Bank of England’s decision to reduce interest rates by just 0.25% to 4.25% has been criticised as insufficient by Nigel Green, CEO of deVere Group,…
In a swift response to the Monetary Policy Committee’s decision, Virgin Money and Clydesdale Bank have promptly reduced their variable rates following the Bank of England’s…
Unforeseen inflation rise impacts UK economic landscape.October inflation reaches highest rate since April 2024.Inflation now stands at 2.3%, influenced by rising energy costs.Experts predict a pause…
ASG Finance introduces new short-term bridging loans, reducing interest rates to offer cost-effective solutions for property investors.Starting rates for these loans are now as low as…
Landbay has initiated a reduction of up to 0.20% in buy-to-let rates, primarily benefiting non-portfolio landlords.The adjusted rates impact both 2-year and 5-year fixed rate products,…
In the latest statistics released by the Ministry of Justice, there has been a notable increase in mortgage possession claims during the third quarter of the…
The recent statistics reveal a sharp rise in both mortgage and landlord possessions across the UK, highlighting economic challenges faced by homeowners and landlords.Mortgage possession claims…
The housing market is showing signs of improvement, buoyed by a rise in demand.A steady increase in new buyer enquiries highlights growing interest in property.Sales volumes…
United Trust Bank (UTB) has reduced interest rates across its bridging loan range, impacting both regulated and unregulated products.Rates on standard regulated bridging loans now start…
United Trust Bank (UTB) has implemented substantial interest rate cuts across its regulated and unregulated bridging finance products, reflecting its confidence in the buoyant housing market.Interest…
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