Bank rate rise: duck for cover?
Posted by: Titlesolv
The recent rise in the Bank of England?s base rate from 0.25% to 0.5% had been widely predicted. Some lenders had already raised their rates before the announcement, and others swiftly followed suit.
Searching for a release
Posted by: Titlesolv
The UK's ageing population is increasingly turning to equity release mortgages to help ease its financial pressures.
Hanging tough
Posted by: Titlesolv
Concluded in late June, Theresa May's deal with the DUP for a 'confidence and supply' arrangement within the House of Commons has attempted to bring a degree of certainty to an otherwise uncertain climate. Following calls for the Prime Minister to resign after a very disappointing General Election result, it seems that Theresa May's position has been bolstered for the time being.
Record breakers
Posted by: Titlesolv
Mortgage rates hit a record low in April, with the Yorkshire Building Society announcing a rate of 0.89% over a two-year period.
Turn and face the strange of 2016
Posted by: Titlesolv
2016 was certainly a year of Changes, to quote singer/songwriter David Bowie, whose death in January was for many a portent of the tumultuous year ahead in the political and economic spheres. The three per cent rise in stamp duty on second homes and buy-to-let purchases was greeted with some dismay, particularly as the government's initial consultation had suggested that there could be an exemption for investors buying 15 or more properties.
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