Archive for January, 2014


Davos 2014: Carney says no immediate rate rise needed

Posted: January 27th, 2014 | Posted by: admin

Bank of England governor Mark Carney has said there is “no immediate need to increase interest rates”.   He told BBC Newsnight the case for a rate rise would be examined in next month’s inflation report, but that it was important to look at the whole labour market, not just one indicator. On Wednesday, the […]


Posted in UK Interest Rates | No Comments | By: admin

Has the time come for a five-year mortgage fix?

Posted: January 27th, 2014 | Posted by: admin

With fears that interest rates will rise sooner rather than later, we look at whether to lock in before good mortgage fixes disappear Many homeowners and buyers have been rushing to fix their monthly mortgage payments to protect themselves from the risk of interest rate rises – so should you be joining them? UK unemployment […]


Posted in Mortgages | No Comments | By: admin

House sales hit six-year high

Posted: January 17th, 2014 | Posted by: admin

House sales have hit a six-year peak and the ongoing imbalance in supply and demand could lead to a UK property market bubble, a leading industry body has warned. Research from the Royal Institute of Chartered Surveyors (RICS) has found that the volume of homes sold per chartered surveyor has reached its highest point since […]


Posted in House Prices | No Comments | By: admin

Bank of England holds UK interest rates at record low

Posted: January 7th, 2014 | Posted by: admin

The Bank of England has kept interest rates at a record low of 0.5%, despite signs that the UK economy is improving. The decision was widely expected, given governor Mark Carney’s pronouncements that the Bank would not even consider raising rates until unemployment falls below 7%. Even then, Mr Carney said a rate rise was […]


Posted in UK Interest Rates | No Comments | By: admin

Many Britons ‘fear mortgage arrears’

Posted: January 7th, 2014 | Posted by: admin

More than a third of people renting or with a mortgage in Britain expect to struggle to keep up with payments during 2014, a survey says. The poll of about 3,600 people for homelessness charity Shelter suggests those with children are worst affected. Some 70% of these say they are already finding it tough to […]


Posted in Mortgages | No Comments | By: admin

House prices rose by 8.4% in 2013, Nationwide says

Posted: January 7th, 2014 | Posted by: admin

UK house prices rose by 8.4% in 2013 as the economy started to gain momentum, according to the Nationwide Building Society. The annual rise meant the average home was now valued at £175,826, it said. The change was driven by annual house price growth of 14.9% in the final quarter compared with a year earlier […]


Posted in House Prices | No Comments | By: admin

Renovating property: how to turn an ugly duckling into a swan

Posted: January 7th, 2014 | Posted by: admin

Worried your house is looking shabby? Well, you should be. Very few things put off buyers more quickly than a property that, however smart inside, is an eyesore from the street. Perhaps the paint is peeling, or the windows are hideous, or the roof slopes at an odd angle. Whatever the problem, the property will […]


Posted in Renovation | No Comments | By: admin

Overseas mortgage outlook for 2014: an expert’s view

Posted: January 7th, 2014 | Posted by: admin

As we approach the New Year, Clare Nessling, director at Conti, the overseas mortgage specialist, shares her predictions for the overseas property market in 2014… 2013 was the year that confidence returned to the overseas property market, particularly the second half, where we experienced a 28 per cent increase in enquiries compared with the first. And […]


Posted in Overseas Property | No Comments | By: admin