Housing construction falls sharply but 2024 recovery expected

June 22, 2023by

The construction sector will continue to contract during 2023, although growth is modest growth is forecast for the sector...

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Gap between 2- and 5-year BTL remos narrows: Landbay  

June 22, 2023by

The gap between two- and five-year landlord fixed-rate remortgage options is closing, data from Landbay shows.   ...

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Commercial property purchase cheaper than renting: Bionic

June 22, 2023by

It is still cheaper long-term for businesses to purchase a commercial property. The average commercial mortgage repayment is £1,402...

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Bank raises base rate to 5%

June 22, 2023by

The Bank of England (BoE) has increased the base rate by 50 basis points to 5% — its 13th...

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Skipton to increase SVR by just 0.25%

June 22, 2023by

Skipton Building Society has confirmed it will only increase its standard variable rate by 25 basis points, despite the...

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BoE increases base rate to 5%

June 22, 2023by

The Bank of England (BoE) has increased the base rate by 50 basis points to 5% — its 13th...

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New instructions highest for four years: TwentyEA

June 21, 2023by

Volumes of new instructions in 2023 to date are nearly 4% higher than 2022, and only 6% lower than...

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Inflation unchanged at 8.7% in May: ONS

June 21, 2023by

Consumer prices rose by 8.7% in the year to May, unchanged from the previous month, data from the National...

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Property fall throughs down in Q1: House Buyer Bureau

June 21, 2023by

The number of property transactions estimated to have collapsed across the UK market has continued to decline during the...

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Monthly mortgage costs may rise as high as £50 on BoE rate hike: UK Finance   

June 21, 2023by

Average variable monthly mortgage payments will rise to just under £50 if the Bank of England lifts the base...

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