Tag: Bank Of England

UK house prices up for third month in a row – Nationwide

Author: Property118.com Landlord News Team

1st December 2023, 2 years ago | 0

UK house prices have increased for the third consecutive month in November, according to Nationwide, the country’s largest building society....

DOUBLE WHAMMY FOR LANDLORDS Interest Rate Rises AND Section 24

Author: Property118.com Landlord News Team

17th November 2023, 2 years ago | 0

Until the recent interest rate rises started to bite into cashflow, many larger portfolio landlords had taken the decision to...

Bank of England holds firm at 5.25%

Author: Property118.com Landlord News Team

2nd November 2023, 2 years ago | 2

The Bank of England’s Monetary Policy Committee (MPC) voted 6 to 3 to maintain the Bank Base Rate at 5.25%....

Lloyds predicts house prices will keep falling until 2025

Author: Property118.com Landlord News Team

26th October 2023, 2 years ago | 2

Lloyds has warned that the UK’s house prices will continue to fall until 2025 as the economy faces higher interest...

Interest rates remain unchanged at 5.25% – ending 14 months of rises

Author: Property118.com Landlord News Team

21st September 2023, 3 years ago | 2

The Bank of England (BoE) has hit the brakes on base rate rises with news that the current rate of...

Bank of England continue down the path of pain and raise Base rate to 5.25%

Author: Property118.com Landlord News Team

3rd August 2023, 3 years ago | 1

The Bank of England’s Monetary Policy Committee (MPC) voted by a closer majority than last time of 6–3 to increase...

Bank of England breaks with Fed lead and increases Base rate by 0.5% to 5%

Author: Property118.com Landlord News Team

22nd June 2023, 3 years ago | 15

The Bank of England’s Monetary Policy Committee voted 7 to 2 to increase the Base rate by 0.5% against the...

BOE beyond reproach?

Author: Readers Question

13th June 2023, 3 years ago | 13

Dear P118, I don’t want these words to come across as a rant. I just want some peace of mind...

Interest rate rise CRISIS – May 2023 update

Author: Simon Zutshi

16th May 2023, 3 years ago | 0

On Thursday the Bank of England, Monetary Policy Committee voted 7 to 2 to raise the base interest rate to...

BoE raises base rate – the property industry reacts

Author: Property118.com Landlord News Team

11th May 2023, 3 years ago | 1

The Bank of England’s decision to increase base interest rates from 4.25% to 4.5% today has led to the property...

Bank of England Base Rate up 0.25% to 4.5%

Author: Property118.com Landlord News Team

11th May 2023, 3 years ago | 3

The Bank of England’s Monetary Policy Committee (MPC) Hawks have today voted 7 to 2 to increase the Base rate...

Property sales ‘plummet’ after interest rate rises

Author: Property118.com Landlord News Team

30th March 2023, 3 years ago | 0

Property sales have plummeted by up to 40% in some areas of the UK, according to new research. The findings...

Bank of England Base Rate hits 4%

Author: Neil Patterson

2nd February 2023, 3 years ago | 0

The Bank of England Monetary Policy Committee (MPC) today voted by a majority of 7–2 to increase the Base Rate...

Bank of England orders lenders to be ‘ready for a prolonged period of credit stress’

Author: Jonathan Chapman

11th January 2023, 3 years ago | 0

The executive director of the Bank of England financial watchdog, David Bailey, has warned that the Bank of England intends...

Financial Stability Report caps future mortgage income multiples

Author: Neil Patterson

26th June 2014, 12 years ago | 12

The Bank of England’s Governor, Mark Carney has today held a press conference to outline new plans to stabilise  the...

Buy to Let mortgage rates moving down not up with Virgin!

Author: Neil Patterson

20th June 2014, 12 years ago | 3

Despite the Press and politicians misreporting and misunderstanding Mark Carney’s (the Governor of The Bank of England) latest comments, Virgin...

Lenders are to undergo extreme stress testing by the Bank of England

Author: Neil Patterson

29th April 2014, 12 years ago | 15

The Bank of England (BoE) is preparing to test eight UK lenders to see if they can absorb sharp falls...

New “Natural” Base Rate for the UK could be 3% or less

Author: Neil Patterson

12th March 2014, 12 years ago | 5

Over the last few weeks there has been a steady string of press releases by individual members of the Bank...

Mark Carney – Top End London Housing boom cannot be controlled by Bank of England

Author: Neil Patterson

17th February 2014, 12 years ago | 8

Mark Carney, the Governor of the Bank of England, speaking on Sunday Morning’s Andrew Marr show said that London house...

Good News – GDP has grown by 1.9% in 2013

Author: Neil Patterson

28th January 2014, 12 years ago | 10

The Office for National Statistics (ONS) has this morning reported the UK economy has grown by 0.7% in the fourth...