Bank of England announces Bank Rate remains at 0.5%
December 15, 2017
The Bank of England announced yesterday 14th December 2017 that at its meeting ending 13 December 2017, the MPC voted unanimously to maintain Bank Rate at 0.50%.
The Committee voted unanimously to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, at £10 billion.
The Committee voted unanimously to maintain the stock of UK government bond purchases, financed by the issuance of central bank reserves, at £435 billion.
Read the Bank of England announcement published 14th December 2017 in full click here.
You May Also Enjoy
UK House Price Index for July 2025
The latest index shows that: – The average monthly rate of house price growth in July was +0.3%. The average annual rate of house price growth in July was +2.8%, down slightly from +3.6% in June. As a result, the average UK house price sits at £269,735. Director of Benham and Reeves, Marc von…
Read More ONS House Price Index – Thoughts from the Industry
Thoughts from the Industry about the latest ONS House Price Index. Nathan Emerson, CEO of Propertymark: “It is positive to see the housing market progressing forward in strength. As we move towards the autumn months, hopefully this momentum will continue. “There continues to be two factors that may weigh heavily on consumers’ minds as they…
Read More European capitals hold £76bn worth of property potential
The latest market insight from international property consultancy, Astons, reveals that across seven major European capital cities for property investment activity, the current market holds £75.8bn worth of opportunities. Astons has analysed the current property markets in seven major European capital cities* to see which have the most residential listings and therefore offer the greatest…
Read More London lettings market supply remains strong amid seasonal softening in demand
Foxtons Lettings Market Index – August 2025 Rental demand fell by 11% in August compared with July 2025, reflecting the typical seasonal slowdown as summer draws to a close. Supply remains strong, with August 2025 listings exceeding August 2024 levels. Nearly 40,000 new listings were recorded in August alone as landlords continue to bring quality…
Read More Why Aluminium is the Smart Choice for Modern Properties
Anyone involved in building, renovating, or even just maintaining a property knows how many decisions they’re constantly forced to make. From flooring to paint colors, from window frames to roofing, every choice feels like it has long-term consequences. And, honestly, it does. The challenge is that today’s property owners aren’t just looking for something that…
Read More Prime London second property purchases fall by over 50%
The latest research from Jefferies London shows that second home purchases have fallen by 42% across the capital over the last 12 months, with this decline even more pronounced across the prime market at 51%. Jefferies London analysed sold price records from the Land Registry, looking at transactions to have completed over the last year…
Read More