Welcome to the property insights blog brought to you by Foster Lewis & Co Estate Agents. Here, we delve into the dynamic realm of UK mortgage interest rates, providing a comprehensive analysis of the historical patterns and economic forces that…
The new chancellor Phillip Hammond has announced that the government’s help to buy mortgage scheme will be closed by the end of 2016. In a letter to the Bank of England, the chancellor said the scheme had a “specific purpose…
Predicting property market trends is never easy but with the best available information we can highlight some factors that will influence the UK property market in 2016. The saying goes “if America sneezes, we catch a cold”, so the decision…
The Bank of England policymakers voted unanimously to keep interest rates February 2016 on hold at 0.5%. The decision was based on recent sharp sell-off in global stock markets and investors’ worries about a slowdown in China. In recent meetings…