Interest rates held at 0.5%
The costs of borrowing for a mortgage have remained the same this month as the The Bank of England has held interest rates at the record low of 0.5%. The Bank’s Monetary Policy Committee (MPC) voted by 8 to 1…
Read moreMortgage lending approvals at a seven year high
The August 2015 mortgage market grew to a seven year high as buyers and people remortgaging returned to the market, according to the British Bankers’ Association. A total of £12.22bn was advanced during the month, the highest amount since August…
Read moreInterest rates could be cut warns BoE chief economist
The Bank of England’s chief economist has warned that the cost of mortgages, interest rates, looks set to fall after evidence that the global financial crisis is entering its third phase. Andy Haldane cited evidence of a slowdown on the…
Read moreBank holiday success, two properties sold and new instructions
Coventry estate agents Foster Lewis and Co are pleased to announce two properties sold on the August Bank holiday and have several new instructions for a great start to September 2015. Rip roaring day after the bank holiday.. Two sold..…
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