What advice would you give a new landlord?
Since the introduction of TV programmes such as ‘Homes Under the Hammer’ and ‘Property Ladder’ the number of individuals who have ventured into the buy-to-let industry has boomed.
Since the introduction of TV programmes such as ‘Homes Under the Hammer’ and ‘Property Ladder’ the number of individuals who have ventured into the buy-to-let industry has boomed.
The Bank of England announced today it’s decision by the Monetary Policy Committe, to maintain the official Bank Interest rate at 0.5%. The Bank dropped the rate to this low level back in March 2009 amid the start of the current economic downturn and although under pressure to raise rates due to some strong infaltion [...]
The Bank of England today took the decision to inject a further £75bn into the UK Economy via it’s programme of quantitaive easing (QE). This is in addition to the £200bn it has already pupmed into back in 2009. The Bank was widely expected to take some form of action either this month or next [...]
The Halifax House Price Index (HPI) for August shows a monthly fall of -1.2% and annual change of -2.6%. However the Quarterly change, which can sometimes be seen as more stable, reports a 1.0% increase. This sets the average house price for the UK at £161,743 and is higher than the previous quarter. Although the [...]
As widely expected the Bank of England today announced it would keep interests on hol at the all time low of 0.5%. The Bank’s Monetary Policy Committe (MPC) also decided to keep the same level of quantative easing and not extending it past £200bn. Winners and Losers With interest rates at an all time low, [...]
“What would you do if you had £1 Million to invest?” A great article by Simon Zutshi
The Bank of England (BoE) again today decided to keep UK interest rates at their record low of 0.5%.
The Monetary Policy Committe has kept rates at this low level continuously since March 2009, and it was widely expected that it would do so again this month.
The Bank of England (BoE) this week again decided to keep the bank’s interest rate at 0.5%, the historical low initiated in March 2009.
It has also decided to maintain the size of the Asset Purchase Programme, aka quantitative easing.
Halifax House Price Index this week reported a Monthly change of 1.2%, setting the average house price at £163,049.
The Council of Mortgage Lenders (CML) have indicated that mortgage lending in May repaired the lost ground from April.
Gross Mortgage Lending figures were up 12% at an estimated £11.3 billion and standing 1% higher then the lending in May 2011.