The Bank of England may take more decisive action to reduce borrowing costs this year, offering positive news for mortgage holders. A recent survey of 51 economists predicts the Bank will lower interest rates at least four times in 2025. According to the poll, the base rate could decrease from…
Read MorePlease find below our Christmas Opening Hours Please find below our Christmas Opening Hours Thursday (5th December) – 9.00am – 1.00pm Christmas Eve – Tuesday (24th December) – 9.30am – 1.30pm Christmas Day – Wednesday (25th December) – CLOSED Boxing Day – Thursday (26th December) – CLOSED Friday (27th December) – CLOSED…
Read MoreThe Bank of England has reduced interest rates for the second time this year, bringing them down to 4.75% as anticipated. Previously set at 5% following a 0.25% reduction in August (the first since 2020), rates were held steady in September. Bank of England Governor Andrew Bailey reassured the public,…
Read MoreExperts anticipate that interest rates will be cut, despite Rachel Reeves’s October Budget likely adding to inflation. The Bank of England’s Monetary Policy Committee (MPC) is expected to reduce the interest rate from 5% to 4.75% this Thursday. The Bank had previously lowered rates from a 16-year high of 5.25%…
Read MoreThe recent Budget has had a notable impact on the housing market, particularly for landlords and potential homebuyers. Here are some key changes and their effects: In summary, the Budget introduced cost increases for buy-to-let investors without providing substantial reliefs for buyers, potentially leading to increased rent prices, limited supply…
Read MoreThe residential property sector is grappling with the news of a 2% increase in Stamp Duty on buy-to-let properties, effective immediately. Chancellor Rachel Reeves announced this increase, raising the tax on investment properties from 3% to 5% in the recent Budget. This change is expected to heavily impact landlords, though…
Read MoreBank of England Governor Andrew Bailey has signalled that further interest rate cuts could be on the table, provided inflation stays under control. Bailey indicated that the Bank might adopt a “somewhat more aggressive” approach to the base interest rate in the coming months. In an interview with The Guardian,…
Read MoreThe recent survey conducted by Rightmove among over 1,600 active landlords highlights the key concerns and priorities of landlords in the current market. Here are the top three things that landlords want from a letting agent based on the survey: 1. Guidance on Legislation and Reassurance on Compliance 2. Making…
Read MoreThe Bank of England (BoE) has announced it will lower the Base Rate to 5% this month, marking a 0.25% reduction and the first cut in four years. The Base Rate had been steady at 5.25% since August 2023, following 14 consecutive increases. The Bank had been raising and maintaining…
Read MoreWe’re delighted to have been awarded the British Property Awards 2024 Gold Winner for Estate Agent in Uxbridge!
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