The Bank of England’s Monetary Policy Committee (MPC) has today increased the base interest rate from 4% to 4.25%. This latest rise signals the tenth consecutive increase, since the rate reached a record low of 0.1% in December 2021. Many had expected the rate to
Are you mortgage fit? New Year’s resolutions often focus on getting fit and healthy for the year ahead, so in this article we ask if you are mortgage fit and ready to move. Before we show you five ways to get fully prepared to act
The Bank of England Monetary Policy Committee today implemented a ninth consecutive base rate increase, rising interest rates by 0.5%. to 3.5%. Consequently, the base rate is now at the highest it has been for 14 years. A six week interlude since the last meeting
Interest rates are high compared to the last few years, and consequently you may be thinking of dropping the idea of taking on a mortgage altogether. Professional Contractor Mortgage Consultant William Coe has talked over all the issues with concerned clients over the recent roller-coaster
The Bank of England has postponed this month’s monetary meeting until the 22nd of September “in light of the period of national mourning” following the death of Queen Elizabeth II. What should we expect from the rescheduled meeting? Higher interest rates typically make borrowing more expensive.