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KEYWORD "Bank of England" - 100 RESULTS
Rent Ceilings Have Been Reached - agency's stark warning

The chief executive of one of Britain’s largest franchise agency chains is warning that rents may no longer be able to...

18 April 2024

From: Breaking News

Average rent arrears climb as cost of living crisis bites

Average rent arrears claims climbed to £1,816 in the first quarter of this year. That’s a rise of 27% from £1,435 in...

17 April 2024

From: Breaking News

Interest Rates to stay high despite this week’s good inflation news

Interest rates are expected to stay high despite good inflation news likely to be announced this week. The Office for Budget Responsibility...

15 April 2024

From: Breaking News

How Knight Frank sees it - market update from research guru

It feels as though the UK housing market is waiting for something to happen. The prevailing mood is one of anticipation with...

15 April 2024

From: Breaking News

Almost No Reduction in Buy To Let Supply, insists think tank

There’s been at most a one per cent reduction in landlords in the buy to let sector, a think tank claims...

08 April 2024

From: Breaking News

Massive PropTech boost from Rightmove and finance institutions

Lloyds Banking Group, Nationwide, NatWest and Rightmove have announced a strategic investment in Coadjute, a prominent PropTech business.  This is the first...

03 April 2024

From: Breaking News

Get On With It! - agents say Bank should cut rates now

Propertymark is telling the Bank of England that now is the perfect time to cut base rate and trigger wider interest...

21 March 2024

From: Breaking News

Crunch Week ahead for interest rates and inflation

Latest inflation figures are announced on Wednesday and the Bank of England makes its next base rate decision on Thursday. The Office...

15 March 2024

From: Breaking News

Letting agents demand mortgage lenders cut rates to help market

The letting agents’ trade body Propertymark has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically...

01 March 2024

From: Breaking News

Agents plead with Bank of England after buy to let mortgage arrears soar

Propertymark wants the Bank of England to cut interest rates following data showing soaring mortgage arrears and repossessions. Lenders trade body UK...

09 February 2024

From: Breaking News

Union slams Bank decision as workers face high rents

A trades union has slammed the Bank of England over its decision to keep base rate at 5.25 per cent, saying...

02 February 2024

From: Breaking News

Interest Rate Decision - all eyes on Bank of England

The Bank of England has kept its base rate at 5.25 per cent but markets forecast this will drop from the summer as...

01 February 2024

From: Breaking News

Shock figures put interest rate cut on the back burner

There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...

18 January 2024

From: Breaking News

Phil Spencer warns that Summer will be hectic for lettings sector

Summer looks like it’s going to be a hectic period for lettings agents and the private rental sector according to TV...

17 January 2024

From: Breaking News

Savills reveals which buy to let region it tips for best returns

Residential buy to let in the North West of England, London industrial property and retail warehouses are set to be the...

04 January 2024

From: Breaking News

Buy To Let investors compete with owner occupiers  - Nationwide

Owner occupiers have been competing with landlords in the battle to purchase smaller properties, new figures show. Smaller properties are often preferred...

02 January 2024

From: Breaking News

Recent rise in buy to let landlords quitting, confirms Bank of England

A new Bank of England survey has confirmed a growing outflow of landlords from the private rental sector since 2020. The Bank’s...

22 December 2023

From: Breaking News

This week’s inflation news may determine a New Year interest rate cut

All eyes are on HM Treasury this week ahead of the next inflation figures, to be released on Wednesday morning. Analysts suggest...

18 December 2023

From: Breaking News

Buy To Let Mortgage Arrears Double In Just One Year

Cases of buy-to-let arrears have doubled in a single year, according to a new analysis. The research, from Octane Capital, analysed quarterly...

04 December 2023

From: Breaking News

Rental growth to slow as supply catches up with demand

An agency has issued its rental market forecast for 2024. Chestertons says rents are forecast to have increased by 6.5 per cent...

28 November 2023

From: Breaking News

Bad news on interest rates despite this week’s big fall in inflation

Inflation figures for the year to October are out this week and are expected to have fallen to 4.8 per cent. That’s...

13 November 2023

From: Breaking News

Interest Rate optimism fuelled by surprise improvement in inflation

There’s growing optimism that tomorrow’s Bank of England monetary policy committee meeting will see base rate held for another month -...

01 November 2023

From: Breaking News

Rate Rise Fears return after “bad news” inflation figure

There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...

19 October 2023

From: Breaking News

Surprise move by Propertymark, welcoming house price fall

Propertymark has cautiously welcomed the Nationwide’s house price index showing a 5.3 per cent fall in the year to September. It says...

04 October 2023

From: Breaking News

Huge number of renters struggle to make payments - Which?

An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...

28 September 2023

From: Breaking News

Eyes on Lenders - rates expected to drop sharply this week

Mortgage experts are expecting significant falls in the cost of borrowing this week as lenders drop their rates. Following last week’s decision...

25 September 2023

From: Breaking News

Buy To Let sell off triggers flurry of auction activity

The auction house appears to be bucking the downward trend in the wider housing market. And much of it is down to...

22 September 2023

From: Breaking News

Surprise Interest Rate decision by Bank of England

The Bank of England has revealed its latest decision on base rate - which in turn has a strong influence on...

21 September 2023

From: Breaking News

“Don’t Raise Rates Again!” - Industry figure’s desperate plea to Bank

An outspoken property industry figure has urged the Bank of England not to hike interest rates.  The National Association of Property Buyers...

20 September 2023

From: Breaking News

Bank of England urged to increase interest rates AGAIN

The Centre for Economics and Business Research says the Bank of England should increase UK interest rates by another 0.25 per...

19 September 2023

From: Breaking News

New figures escalate threat of yet another interest rate rise

The spectre of yet another Bank of England base rate rise next week has been increased by economic figures released in...

13 September 2023

From: Breaking News

Housing Market may improve this autumn predicts finance chief

A mortgage expert says it’s likely that the housing market will improve this autumn. Octane Capital studied Property lending mortgage approval trends...

08 September 2023

From: Breaking News

Agents told to set ‘tracker’ rents that rise with interest rates

Two letting agents have been quoted in a newspaper report as saying landlord clients have instructed them to create ‘tracker’ rents...

04 September 2023

From: Breaking News

Another Interest Rate Rise On The Way - leading expert warns

The relatively good news over inflation delivered by the government yesterday will not stop a 15th successive base rate rise from...

17 August 2023

From: Breaking News

Good news (sort of) for tenants wanting a mortgage to buy

Tenants seeking a way to buy a home have been given at least slightly reassuring news by Rightmove. The portal says the...

10 August 2023

From: Breaking News

Bank of England reveals latest interest rate decision

The Bank of England’s monetary policy committee has announced its decision on base rate. It will rise by 0.25 per cent to...

03 August 2023

From: Breaking News

Latest rate rise ‘could light a rocket under UK housing market’

The US central bank has raised interest rates to the highest level in 22 years - even though inflation in that...

28 July 2023

From: Breaking News

Another interest rate rise likely - but might it be the last for now?

Most economic and housing analysts believe another base rate rise is on the cards for next month - but the sharp...

20 July 2023

From: Breaking News

Buy To Let mortgages worst hit by rate rises - new figures

Buy to let mortgages have seen the largest interest rate increase of any mortgage category according to new research. Barrows and Forrester...

19 July 2023

From: Breaking News

Prime Central London rental supply improving at last - agency

The story of low supply in the prime London lettings market appears to be coming to an end, says Knight Frank. The...

30 June 2023

From: Breaking News

Bring back Help To Buy to combat soaring rents - legal call

A prominent property law consultancy wants Help To Buy, or similar schemes, to be resurrected.  Dutton Gregory Solicitors says that with the...

27 June 2023

From: Breaking News

Chancellor’s Crisis Meeting - pleas for rental help mount

Chancellor Jeremy Hunt is today charing a crisis meeting of mortgage lenders, as calls mount for him to take action to...

23 June 2023

From: Breaking News

Shock interest rate decision by Bank of England

The Bank of England has announced its latest change in base rate, which is used by most lenders to determine interest...

22 June 2023

From: Breaking News

Four reasons why house prices won’t fall off a cliff - agent’s claim

A prominent lettings and sales agency says there are four reasons why house prices won’t fall off a cliff, despite interest...

22 June 2023

From: Breaking News

Survey shows widespread ignorance about interest rates

The results of a new survey show widespread ignorance about how interest rates work and about how the Bank of England’s...

22 June 2023

From: Breaking News

Interest Rates - Bank of England reveals latest decision

The Bank of England has announced its latest decision on base rate. This has been increased by 0.25 per cent to 4.5...

11 May 2023

From: Breaking News

Bank of England base rate to go up again - gloomy forecast by experts

Financial analysts are unanimously warning that Bank of England base rate will rise yet again tomorrow. If they are correct this will...

10 May 2023

From: Breaking News

Interest rates to soar further - new warning from leading body

One of the most respected financial organisations says markets are now betting that the Bank of England base rate will hit...

27 April 2023

From: Breaking News

Funding exists for agency takeovers despite soaring rates - claim

A consultancy that handles lettings agency acquisition says funding options exist for companies wishing to buy others, despite rising interest rates. Lucy...

14 April 2023

From: Breaking News

Agents react to Bank of England interest rate decision

The Bank of England has raised base rate by 0.25 per cent to 4.25 per cent - the highest level since...

24 March 2023

From: Breaking News

Shock inflation figure means rate rise today likely - analysts

The Bank of England’s monetary policy committee meets today to decide on its base interest rate amidst shock at the latest...

23 March 2023

From: Breaking News

Surprise surge in buy to let mortgage uptake - new survey 

Buy to let investors have created the largest increase in the mortgage market in the past year, it’s being claimed. Octane Capital...

22 March 2023

From: Breaking News

Capital appreciation for rental sector lags behind owner occupation

Figures out this morning from high end agency Savills shows a 5.1 per cent increase in capital appreciation on average across...

27 February 2023

From: Breaking News

More interest rate rises to come, warn experts

There are more Bank of England base rates to come, a group of property finance industry experts has warned.  Personal finance comparison...

20 February 2023

From: Breaking News

Interest rates to rise again as top agent warns on sales market

The chief executive of Propertymark is warning that interest rates are likely to rise at least one more time. The remarks by...

09 February 2023

From: Breaking News

Better-than-expected economic news sugars interest rate pill

The headlines from yesterday’s Bank of England announcement are dominated by the base rate rise, but there’s been some unexpected good...

03 February 2023

From: Breaking News

Mortgage rates could fall by a quarter despite latest rise - claim

Interest rates may be on the way up right now following the latest Bank of England decision but there’s good news...

03 February 2023

From: Breaking News

Interest Rates: Bank of England announces latest decision

The Bank of England has increased base rate to 4.0 per cent - its 10th rate rise in a row. Nathan Emerson,...

02 February 2023

From: Breaking News

Crystal Balls? Solicitor predicts five trends for buy to let in 2023

A prominent legal firm has given its view on the five key trends facing the private rental sector in 2023. These come...

27 January 2023

From: Breaking News

Market slowdown starting according to latest house price figures

The average house price in Wales reached a new peak of £249,076 at the end of 2022 but cost of living...

25 January 2023

From: Breaking News

Sinking mortgage approvals suggest fewer moving out of rentals

The number of mortgage approvals for house purchases in November came to 46,075 according to the Bank of England. The 46,075 figure...

05 January 2023

From: Breaking News

As You Were! Rate rise won’t change market dynamics - Rightmove

Rightmove says yesterday’s Bank of England base rate rise to 3.5 per cent - the ninth hike in as many Bank...

16 December 2022

From: Breaking News

Interest Rates - Bank of England's latest announcement

The Bank of England has increased base rate by 0.5 per cent to 3.5 per cent. This is the ninth consecutive base...

15 December 2022

From: Breaking News

Interest Rate Rise - more bad news expected

The Bank of England’s monetary policy committee meets again this week with a further interest rate rise likely if base rate...

12 December 2022

From: Breaking News

House price fall is “first sight of mini-Budget carnage” - claim

A financial expert says the latest house price index, showing the biggest monthly fall for over two years, is the “first...

02 December 2022

From: Breaking News

Mortgage experts give gloomy forecasts on buy to let

Mortgage experts appearing before a committee of MPs have given an especially gloomy forecast for the buy to let sector in...

07 November 2022

From: Breaking News

Areas furthest from London will fare least badly, predicts Savills

Savills, which at the end of last week released a gloomy forecast predicting a 10 per cent price drop for average...

07 November 2022

From: Breaking News

Enough Is Enough - should next interest rate rises be delayed?

A senior lettings industry figure says the Bank of England should delay future base rate rises to allow the housing market...

04 November 2022

From: Breaking News

Savills adds to gloom with forecast of major price falls next year

Savills is the latest agency to suggest significant house price falls next year - although in its long-range forecast it says...

04 November 2022

From: Breaking News

Interest rates up as agent warns public to “wake up and smell the coffee”

The Bank of England has increased its base rate from 2.25 per cent to 3.0 per cent. This is the largest hike...

03 November 2022

From: Breaking News

Interest Rate Rise - lettings sector braced for bad news

There’s widespread concern that the Bank of England’s monetary policy committee, which meets tomorrow, is to unveil a 0.75 per cent...

02 November 2022

From: Breaking News

Sunak in No 10 - Sigh of relief from agents and industry

There seems to be an industry-wide sigh of relief that Rishi Sunak has become Prime Minister. His coronation marks the end of...

25 October 2022

From: Breaking News

Agents welcome Hunt tax change - but who knows what’s coming?

Propertymark’s chief executive Nathan Emerson has welcomed the dramatic government U-turn on taxes - but most importantly has retained the stamp...

18 October 2022

From: Breaking News

Truss confirms Corporation Tax U-turn

As expected there has been another substantial U-turn by Prime Minister Liz Truss. A few minutes after sacking her former Chancellor Kwasi...

14 October 2022

From: Breaking News

Arrears likely to rise as debt intensifies - Bank of England

The Bank of England is warning that many households will struggle to meet their rent or mortgage commitments if interest rates...

14 October 2022

From: Breaking News

Stamp Duty Cuts take effect immediately

Chancellor Kwasi Kwarteng has announced that stamp duty will be cut.  In future there will be no stamp duty on the first...

23 September 2022

From: Breaking News

Interest rate rise announced by the Bank of England

The Monetary Policy Committee of the Bank of England has agreed to raise interest rates by 0.5 per cent to 2.25...

22 September 2022

From: Breaking News

Interest Rate Rises and Tax Cuts - a crunch week ahead

This is a crunch week for the UK economy - and likely the housing market too - with a meeting of...

20 September 2022

From: Breaking News

Interest rate set for another big rise - eventually

The next meeting of the Bank of England’s monetary policy committee has been delayed by a week. A tweet from the BoE...

12 September 2022

From: Breaking News

Double-whammy interest rate rise this month, predicts analyst

A leading business consultancy says the Bank of England will once again increase interest rates by twice the minimum permitted. CMC Markets...

02 September 2022

From: Breaking News

Corporate investors side-stepping tax set to move into rental sector

A leading market analysis suggests that the private rental sector may be set to benefit from large scale corporate investors seeking...

16 August 2022

From: Breaking News

Labour MP calls for rent controls to help combat cost of living crisis

A Labour MP says the government should introduce emergency rent controls as part of a package of measures to combat the...

11 August 2022

From: Breaking News

Shock for lettings and sales markets as big interest rate rise announced

The Bank of England's Monetary Policy Committee has announced that base rate is rising from 1.25 to 1.75 per cent. The rate is now...

04 August 2022

From: Breaking News

Rightmove shows how interest rate rises may indirectly boost rental sector

Data from Rightmove shows how an interest rate rise today, when the Bank of England meets, might effectively boost demand in...

04 August 2022

From: Breaking News

Revealed - how much interest rate rises add to mortgage payments

With the next Bank of England interest rate decision timed for tomorrow, it’s just been revealed that rate increases so far...

03 August 2022

From: Breaking News

Lettings sector set to soar as rent rises beat interest rate hikes

The continuing rent rises seen across much of the country are outpacing rises in interest rates, it’s been claimed.  Property website Home,...

15 July 2022

From: Breaking News

Renting cheaper than buying after latest interest rate rises

The most recent interest rate rise has swung the balance making it cheaper to rent than to buy, according to lettings...

20 June 2022

From: Breaking News

Buy To Let mortgage costs rising with worse to come - warning

The costs of buy to let fixed rate mortgages have risen sharply with more increases likely if, as expected, the Bank...

10 June 2022

From: Breaking News

Warning to Buy To Let sector - this interest rate rise isn’t the last…

The chief executive of an online mortgage broker is warning that yesterday’s base rate rise announced by the Bank of England...

18 March 2022

From: Breaking News

Rightmove says rents should not be raised following base rate hike

Rightmove is advising the private rental sector not to pass on interest rate rises to tenants. Yesterday the Bank of England increased...

04 February 2022

From: Breaking News

Mortgage bonanza for buy to let - best choice for 15 years

There’s a 15 year record high in the number of buy to let mortgage products available for current or new landlords. The...

28 January 2022

From: Breaking News

Potential ‘cliff edge’ for renters and landlords as furlough winds up

Private tenants and landlords across the country face a cliff edge as the end of furlough coincides with cuts to benefit...

21 September 2021

From: Breaking News

 Big rise in buy to let mortgage choices as market recovers

There’s been a significant increase in the mortgage choice available to landlords as the buy to let market gets closer to...

09 June 2020

From: Breaking News

Suspend all rents now, says union- and council-funded think tank

A foundation which receives substantial funding from trade unions and a charity linked to the Nationwide is calling for rents to...

15 May 2020

From: Breaking News

Many buy to let mortgages more expensive despite Base Rate fall

Some buy to let mortgages are now more expensive than before for borrowers, despite the recent fall in the Bank of...

12 May 2020

From: Breaking News

Huge concern over buy to let mortgage market contracting

There’s growing concern across the lettings sector about the buy to let mortgage market seeing lenders pull product ranges, tighten lending...

27 March 2020

From: Breaking News

Interest rate worry for buy to let as mortgage costs plateau

New research suggests that the recent fall in the cost of fixed rate buy-to-let mortgages may be coming to a halt. Online...

24 October 2019

From: Breaking News

BTL mortgage rates fall at a slower rate ahead of crucial political period

Buy-to-let (BTL) mortgage rates continue to drop but at a slower rate than in previous months, according to the latest Property...

08 October 2019

From: Breaking News

Buy to let mortgage costs are drifting upwards says broker

A specialist broker says the costs of most fixed rate buy to let mortgages are beginning to rise.  Property Master warned last...

07 June 2019

From: Breaking News

Warning - buy to let mortgages likely to become more expensive

The chief executive of a specialist buy to let mortgage broker is warning that mortgages for landlords are likely to become...

13 November 2018

From: Breaking News

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