Honoring Sacrifice: Reflecting on Remembrance Sunday and Its Lasting Legacy On Remembrance Sunday, we pause to honour those who died for freedom. “Lest We Forget” is more than a tribute; it’s a solemn vow to remember their courage and sacrifice. As we stand in silence, we hold close the stories and dreams of those who served,
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Why Did The Base Rate Increase ? The Bank of England has increased its Base Rate from 3.75% to 4.00%, amid growing concerns about inflation and the outlook for the UK economy. The main concern is rising energy prices, driven by ongoing tensions in the Middle East. The Bank now forecasts inflation could reach approximately
Bank Rate Increased To 4% – First Rise In Over Three Years Read More »
Why Did The Bank Hold Rates ? The Bank of England has kept Bank Rate unchanged at 3.75%, with the MPC voting 6–3 to hold, although three members preferred an immediate increase to 4.00%. Inflation rose to 3.1% in August, with higher oil and energy prices adding further pressure. However, the majority of the MPC
Bank Rate Held Again – So Why Are Mortgage Rates Rising? Read More »
Use The Button Below To Schedule A Consultation and Start Your Mortgage Journey SCHEDULE AN APPOINTMEMT Exciting News We’re delighted to welcome Aysha Iqbal to the team at Independent Mortgages Direct NE as a Mortgage & Protection Adviser. Aysha brings more than 10 years’ experience within the mortgage industry, together with a strong understanding of
Welcoming Aysha Iqbal: A Market Professional Joining the IMDNE Team Read More »
A Mortgage Designed For Real Life Life doesn’t always go to plan. Illness, redundancy, relationship breakdown or other unexpected events can affect anyone’s finances. The Nottingham’s Life Happens Mortgage range recognises that customers can recover from past difficulties and demonstrate responsible borrowing behaviour, offering a more flexible approach for those who may not meet traditional
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What Happens Next ? The Bank of England has kept the Base Rate at 3.75%, balancing easing inflation against concerns that rising energy costs could push inflation higher later this year. While fixed mortgage rates don’t move directly with the Base Rate, this decision provides greater market stability. Inflation is expected to rise slightly before
Bank of England Holds Base Rate at 3.75% Read More »
Economic Update The Bank of England voted yesterday by 7 votes to 2 to keep the Base Rate unchanged at 3.75%, marking the fourth consecutive meeting without a change. Policymakers remain cautious, balancing inflation, which remains above the 2% target at 2.8%, against signs of a slowing economy. Although inflation is expected to peak at
Bank of England Holds Base Rate at 3.75% – Mortgage Rates Continue to Ease Read More »
🌟Exciting News🌟 Meet Lyndsey Johnson, our new Mortgage Administrator and a fantastic addition to the IMDNE team. Lyndsey joins us following a successful career within the NHS, where she gained many years of administrative and customer service experience. Her background has equipped her with exceptional skills, attention to detail and a professional, caring approach that
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Why The Base Rate Was Held The Bank of England held Bank Rate at 3.75% because inflation risks remain finely balanced. Energy price uncertainty, global conflict and higher import costs could push inflation higher, while a weaker economy and softer labour market may reduce inflationary pressure. In simple terms, the Bank did not want to
New Pressure on Mortgage Rates – What Next !! Read More »
