Rate Cut In Doubt As Inflation Falls It was announced this week that inflation fell from 3.2% to 2.3%, slightly above the market forecast of 2.1%. Though smaller than expected, the drop is still positive as it is now lower than the Eurozone and US inflation figures. A rate cut in June now seems highly […]
Inflation Falls To 2.3% – Why Are Short Term Rate Cuts Unlikely? Read More »
Base Rate Held At 5.25% At todays Bank of England’s (BoE) Monetary Policy Committee (MPC) meeting they voted 7-2 to maintain the current Base Rate at 5.25% for the sixth consecutive month despite inflation falling further to 3.2%. This decision was followed, as in previous months, by initial promises of an imminent rate reduction. However,
Base Rate Held At 5.25% While Inflation Falls To 3.2% Read More »
Base Rate Battles Inflation while Swap Rates Shape Mortgage Costs Mortgage rates are frequently subject to speculation, especially when a notable shift in the Base Rate is currently at a 16-year high of 5.25%. This increase aims to combat inflation, which has significantly declined from 11.1% in October 2022 to 3.2% in March. The central
Lenders Increase Rates As Swaps Continue To Rise Read More »
100% Mortgage Supports Tenants & Landlords Mortgage Based On Rental Payments Are you a landlord tired of owning a rental property or a tenant dreaming of owning your own home? At Independent Mortgages Direct NE, we believe that everyone deserves the chance to achieve their homeownership goals. That’s why we’re thrilled to introduce the Track
100% Mortgage Based On Rental Track Record Read More »
Rate Reductions Amidst Uncertainty In a bold move this week, numerous lenders have opted to reduce their rates, aiming to invigorate business volumes in the face of persistent inflationary pressures. Despite reports indicating stubborn inflation, these lenders are betting on rate reductions to stimulate demand and bolster their market share. The decision comes amidst widespread
Lenders Resume Fight For Business As Swap Rates Continue To Rise Read More »
Product Summary Accord Mortgages has launched a new product tailored for those taking their first steps into homeownership today. To be eligible, at least one applicant must be a first time buyer, defined as someone who has never owned a property before. Additionally, applicants must have a minimum deposit of £5,000. Here are the critical details of
£5k Deposit Mortgage For First Time Buyers Up To 99% LTV Read More »
Base Rate: 5.25% Inflation: 3.4% Average House Price: £285,000 Bank Of England MPC – Why They Are Wrong It’s a glaring disgrace that the Bank of England’s Monetary Policy Committee (MPC) has voted 8-1 to turn a blind eye to the genuine financial struggles facing the public despite a noticeable drop in inflation. With inflation
Base Rate Held At 5.25% As Inflation Falls To 3.4% Read More »
The Mission – Should You Choose To Accept 80% Ltd Co Buy To Let 95% – No Credit Scoring Investing in buy-to-let properties through a limited company structure can offer several of the following advantages: Tax Efficiency. Limited Liability. Estate Planning and Succession. Flexibility in Ownership Structure. Structuring buy-to-let investments through a Ltd Co can
Two Brands One Mission – Precise & Kent Reliance Mortgages Read More »
Lenders Increase Rates This week, a wave of lenders increased their rates upward, driven by unexpected inflation figures. As consumer prices returned above initial forecasts, lenders faced heightened operational costs and increased risk exposure. To maintain profitability and safeguard against inflationary pressures, these lenders are compelled to adjust rates accordingly. What Next For The Bank
Lenders Increase Rates As Swap Rates Remain Steady Read More »
Ex-Pat & Foreign Currency Residential & Buy-to-Let Mortgages In today’s global market, navigating the intricacies of mortgage offerings can often feel like traversing a complex maze. However, amidst this complexity, there are gems to be found with lenders’ propositions tailored to meet the diverse needs of potential homeowners and property investors. One such gem is Dudley
Ex-Pat Foreign Currency – Residential and Buy to Let Mortgages Read More »
