May 11, 2023
Interest Rates Rise to 4.5%
Unfortunately, rates have increased again as I predicted last month. Not as much as in previous months where we saw a number of 0.5% increases. This month we saw an increase of 0.25%.
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February 2, 2023
Interest rates rise to 4%
The Monetary Policy Committee has without any real surprise increased interest rates by 0.5% to 4%. The highest it has been in 15 years.
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January 6, 2023
House prices continue to fall in 2023
House prices started to fall towards the end of 2022, as we move into 2023 the news is no better and anticipated to get worse. Some are predicting up to a 15% drop before we see any recovery. What does it all mean?
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December 15, 2022
Interest Rates Rise to 3.5%
As expected the base rate rose again this month. Although slightly better than the anticipated 0.75% increase the MPC voted for a 0.5% increase. The next meeting is on the 2nd of February 2023.
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November 16, 2022
Inflation up, mortgage rates down!
It's been a mixed kind of day, inflation has reached its highest level in 40 years but mortgage rates are coming down.
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November 3, 2022
Interest rates rise to 3%
Unsurprisingly the Bank of England voted in favour of increasing the base rate again this month. That takes it to 3% with one more increase anticipated before 2022 draws to a close.
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