Tag: Bank Of England

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

Author: Neil Patterson

12th March 2014, 13 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, 13 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, 13 years ago | 10

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

Consumer Price Index finally hits Bank of England 2% inflation target

Author: Neil Patterson

14th January 2014, 13 years ago | 17

The Consumer Price index (CPI) inflation rate fell to 2% in December down from 2.1% in November finally hitting the...

Funding for Lending Scheme withdrawn for household market

Author: Neil Patterson

29th November 2013, 13 years ago | 15

The Bank of England have withdrawn their support for the Funding for Lending Scheme, but only to the household market....

Bank of England Inflation report and what it means for Interest Rates

Author: Neil Patterson

15th November 2013, 13 years ago | 10

Unlike the press DON’T PANIC, the economic news is good but not that good in the Bank of England Inflation...

CPI Inflation down – releasing more presure on Bank Base Rate

Author: Neil Patterson

12th November 2013, 13 years ago | 9

The Consumer Price Index CPI inflation figures for October show a year on year fall to 2.2% from 2.7% in...

GDP grows 0.8% but still 2.5% below 2008 peak

Author: Neil Patterson

25th October 2013, 13 years ago | 0

The Office for National Statistics (ONS) has released 3rd quarter 2013 Gross Domestic Product GDP figures showing the economy has...

ONS report record average house price now £247,000

Author: Property118.com Landlord News Team

16th October 2013, 13 years ago | 3

The Office of National Statistics (ONS) have reported the average house price in Britain is now £247,000. This figure reported...

Contra proferentem mortgage conditions

Author: Mark Alexander

9th October 2013, 13 years ago | 49

Unless you are a qualified contracts lawyer who has also studied Latin you will probably not have a clue as...

Now I’m worried Birmingham Midshires will raise their Tracker margins

Author: Ed Atkinson

7th October 2013, 13 years ago | 17

I’ve been following the news on this site concerning West Bromwich Building Society’s increase in Tracker margins and the Class...

Will Mortgage Express copy BoI and West Brom and raise their rates?

Author: Ed Atkinson

25th September 2013, 13 years ago | 23

Is there a trend? First the Bank of Ireland raised their Tracker rates and now West Bromwich Building Society have...

Housing Bubble fears – genuine or an overreaction?

Author: Neil Patterson

17th September 2013, 13 years ago | 22

There has been a great deal of commentary in the press the last couple of days raising fears of a...

Rics want a 5% annual price rise cap

Author: Neil Patterson

13th September 2013, 13 years ago | 13

The Royal Institution of Chartered Surveyors (Rics) want a 5% annual price rise cap for houses that triggers restrictions on...

Development Finance – Where do you start?

Author: Neil Patterson

8th August 2013, 13 years ago | 0

Borrowers are still being frustrated by the banks’ continued reluctance to lend on development finance projects, but reality is that...

DOWNLOAD the Aug 2013 Bank of England Inflation Report HERE

Author: Mark Alexander

7th August 2013, 13 years ago | 2

This is the first Bank of England inflation report since Mark Carney took on his new role of Bank of...

Choosing the wrong letting agent could cost YOU thousands!

Author: terry lucking

21st June 2013, 13 years ago | 5

It’s devastating when you put your trust and faith into a letting agency, you pay them a monthly management fee; and...

Bank of England report good news for a change

Author: Neil Patterson

22nd May 2013, 13 years ago | 0

I have been attending the Bank of England quarterly seminars since 2007 and was completely flummoxed by the opening statements...

property118

Funding for Lending scheme changes allow BuytoLet investment

Author: Neil Patterson

29th April 2013, 13 years ago | 3

The Bank of England Funding for Lending scheme will now allow Small and Medium sized enterpises (SMEs) to lend the...

property118

Development Finance Terms and Criteria update

Author: Neil Patterson

28th February 2013, 14 years ago | 0

We are working with a range of dedicated Development finance lenders for our readers to get the best criteria terms...

property118

Negative Interest Rates a possibility?

Author: Neil Patterson

26th February 2013, 14 years ago | 6

Paul Tucker the deputy Bank of England governor has told the Treasury Committee that negative interest rates should be considered....