Tag: Interest Rates
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Property Market Update May 2014
Read the article: Property Market Update May 2014After the Easter holiday, May has been a month punctuated by various bank holidays, local holidays and public sector holidays, seriously affecting the ability to settle house sales or arrange mortgage finance or find property buyers who weren’t away to the coast for the weekend. In spite of this, the property market continues to build…
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Bank Chief Warns of Repossession Tsunami and Recommends ‘Tough Love’ Approach – Who’s Getting the Tough and Who’s Getting The Love?
Read the article: Bank Chief Warns of Repossession Tsunami and Recommends ‘Tough Love’ Approach – Who’s Getting the Tough and Who’s Getting The Love?The Chief Executive of one of the UK’s largest lenders has warned that, when interest rates go up, the number of repossessions could become a ‘tsunami’. All this just a day after the Bank of International Settlements (which I’ve seen described as ‘the Central Bank for Central Banks’) said that the policy of the Bank…
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Property Market Update August 2013 – Press, Prices and Comment by MOV8 Real Estate
Read the article: Property Market Update August 2013 – Press, Prices and Comment by MOV8 Real EstateAmidst all the Edinburgh Festival shennanigans, it’s been hard at times, in Edinburgh and the Lothians, to remember that the world continues normally behind the plethora of closed streets, visitors and Oxbridge students pushing flyers in the face of anyone who dares to make eye contact with them. We would normally, in August, expect to…
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Bank of England Announces Base Rate Won’t Go Up for Three Years
Read the article: Bank of England Announces Base Rate Won’t Go Up for Three YearsThe Bank of England’s new governor announced that the Bank of England’s Base Rate was going to stay at its current historical low for the next three years, at least, earlier this month. What does this mean for you?
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