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…
On Wednesday 9 December 2015 the Bank of England Monetary Policy Committee UK interest rates voted 8 to 1 to leave interest rates unchanged again at 0.5%. The nine rate-setters on the Monetary Policy Committee (MPC) voted 8-1 for no…
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…
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…