Interest rate cut expected
July 14, 2016
According to most recent press reports the majority of experts expect an interest rate cut today following the meeting by the Bank of England (BoE) policy committee.
It is also expected that the (BoE) may also restart quantitative easing, in addition to or instead of a rate cut.
An interest rate cut of 0.25% would see the end of the historic seven-year low.
You May Also Enjoy
FMB Supports Construction Leadership Council’s Health and Wellbeing Strategy
The Construction Leadership Council (CLC) Health, Safety and Wellbeing Strategy is a welcome and much needed new initiative to help drive industry change, says the Federation of Master Builders (FMB). The FMB’s CEO Brian Berry has joined more than 140 industry leaders at the Construction Leadership Council’s launch of its comprehensive Health, Safety and Wellbeing…
Read More 
20% Property Premium to Live Beside Britain’s Best Beaches
The latest research from eXp UK has found that homebuyers hoping to live by one of Britain’s best beaches can expect to pay almost 20% more on average compared to the wider local market, amounting to a seaside property premium of over £46,000. The research* by eXp UK analysed property prices in postcode districts surrounding…
Read More 
Houseboats hand London homebuyers 57% saving
Houseboats hand London homebuyers 57% saving versus bricks and mortar The latest research from Benham and Reeves has found that London homebuyers could save as much as 57% on their property purchase by choosing a houseboat over a traditional bricks and mortar home, with the average cost of a houseboat across the capital coming in…
Read More 
Silverstone fails to take pole when it comes to race track property premiums
The latest research from Yopa has found that while Silverstone may be the spiritual home of British motorsport and host of this weekend’s Formula 1 Grand Prix, it is far from the most prestigious racing venue when it comes to local property prices. In fact, homes near other race circuits across Britain command far higher…
Read More 
Section 8 Reforms: What Landlords Need to Know About Longer Notice Periods and Stricter Rules
By Allison Thompson, National Lettings Managing Director, LRG As the Renters’ Rights Bill continues its progress through the House of Lords, landlords should be preparing for a much tighter framework around possession. One of the most significant changes proposed is the reform of Section 8, the legal route for regaining possession where a specific reason…
Read More 
British new-build demand sees quarterly decline
The latest new-build market insight from Property Inspect has revealed that buyer demand for new-build homes remained largely static between the first and second quarter of this year, although buyer appetites for new homes remained robust in a number of major cities. The New-Build Demand Index (Q2 2025) from Property Inspect provides a view of…
Read More