May
8

Bank of England confirm predicted 0.25% drop in Base Rate

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As widely predicted, and not this time following the US Federal Reserve, the Bank of England’s Monetary Policy Committee (MPC) voted 5-4 to reduce the Bank Base Rate by 0.25% to a total rate of 4.25%.

Although it looked like a close vote

View Full Article: Bank of England confirm predicted 0.25% drop in Base Rate

May
8

UK house prices show modest rise – Halifax

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The UK’s house prices edged up by 0.3% in April, reversing a 0.5% dip from March, bringing the average property value to £297,781, according to Halifax.

This marks an increase of nearly £900, with the annual growth rate climbing to 3.2%

View Full Article: UK house prices show modest rise – Halifax

May
8

Pepper Money and Paragon boost the BTL market with new solutions

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Pepper Money has revealed it is returning to the buy to let mortgage market with a versatile range.

Paragon Bank has also announced it is broadening its 80% loan-to-value (LTV) offerings, introducing product switches and further advances to support property investors.

View Full Article: Pepper Money and Paragon boost the BTL market with new solutions

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