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
How can Cash House Buying Agencies thrive in 2022?
Like many other industries in the world, the UK property market is constantly evolving. Industry players therefore need to keep a keen eye on the key markers that define the state of the industry. As 2022 ushers in new changes and realities, industry players like cash house buying agencies need to arm themselves with current…
Read More 
Composite Garden Fencing / Gates – Pros & Cons
As much as many of us enjoy great relationships with our neighbours, we do also relish privacy between our properties / boundaries. Years ago I remember rows of gardens with no more that a wire fence with wooden posts separating each with some having missing sections and even those totally without. Many neighbours would have…
Read More 
BREAKING PROPERTY NEWS – 30/06/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. Zoopla names new members of its Lettings Advisory Board, selected to support its goal to help inform how industry responds to a fast-evolving policy environment for agents, landlords and renters Zoopla, the UK’s most comprehensive property destination, is pleased to announce new members of…
Read More 
Why Your Multifamily Building Needs An Access Control System
Being responsible for a multifamily building requires keeping safety a priority. Security can be a concern in a building with multiple people coming in and out, which is why your multifamily building needs an access control system. There are many reasons why an access control system can be of use to a dwelling with more…
Read More 
How many empty homes are there in England?
The total number of empty dwellings as at 13 September 2021 was 468,000 – a decrease of 11,000 or 2.4% on the previous year as quoted on the official government website: Local Authority Council Tax base England 2021 Long term empty homes are dwellings which are unoccupied for a period of 6 months or more…
Read More 
New Research from TwentyEA Shows Available Stock Has Almost Halved Compared with Five Years Ago
Despite the fact that UK inflation has hit a fourty year high of 9%, agents across the UK are still seeing demand for properties outstripping supply, with new instructions largely flat during May, according to a recent RICS survey in June 2022. The RICS survey also suggests there is little prospect of more homes coming…
Read More