News and Updates

Interest rates are likely to rise in 2015. The base rate has been at 0.5% for more than five years now, but as the economy improves we could see a gradual move towards what Bank of England governor Mark Carney calls a “new normal” of around 2.5 to 3%.

Posted on Monday, January 26, 2015


From today it could be more difficult to sell or rent your home as a new high street estate agent-led property portal is launching that restricts the number of websites its members can advertise properties on.
Despite rising house prices, the mortgage market has improved considerably over the past 12 months – even for those with very small deposits
Britain’s biggest building society, Nationwide, has unveiled the cheapest ever fixed-rate mortgage over ten years. Borrowers can lock up repayments for a decade at 2.84 per cent for existing mortgage customers and 2.94 per cent for new clients. There is a £999 fee.
House prices ended the year 7.8% higher than when 2014 began, the Halifax has said. It said the average UK house price was £188,858, up 0.9% in December compared with November.
According to Rightmove

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