Select Page
Home » News

News

Home ownership falls in major English cities

Think tank, the Resolution Foundation, reported on 2nd August that since peaking in the early 2000s home ownerships has decreased across many of England’s main cities. The main reasons given are high house prices meaning that many properties are deemed unaffordable...

Read more

Halifax report house price growth slowing down in July

On 5th August Halifax announced a 1% fall in the UK property prices compared to prices in June 2016, however UK property prices are up 8. 4% compared to July 2015[1]. The lender said that there are signs that UK property prices are slowing however it is no early to be...

Read more

Bank of England Base Rate drops to 0.25%

Graph and data from http://www. bbc. co. uk/news/business-36976528 On Thursday 4th August, the Bank of England confirmed that the base rate would drop from 0. 5% (the record low set in March 2009) to 0. 25%. The Bank also stated that the base rate could drop further...

Read more

Mortgage Lending Rocketed in June 2016

It was reported on 21st July that mortgage lending rocketed to the highest June level for 8 years. This data was collected by the Council of Mortgage Lenders (CML) and estimated total mortgage advance during the month was £20. 7bn[1]. This was calculated to 16% higher...

Read more

The Bank of England Base Rate remains at 0.5%

The Bank of England has held the UK’s main interest rate at the all time low figure of 0. 5% despite predictions that the Base Rate would be cut to 0. 25% or below as an impact of the Brexit vote. Mark Carney and the Monetary Policy Committee voted 8-1 to leave...

Read more

House Price statistics for June

Nationwide Building Society have reported a 5. 1% rise in house price growth in June. Plus the divide between the North & the South has widened further.   Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said: “The rate of annual...

Read more

We can visit you

Let us know when is convenient to call round

You can visit us

Come to see us in Cambridge, we have parking

We can call you

Arrange to discuss everything over the phone

We are proud to be members of these organisations

ERCNACFBLLANSA