Skipton to increase SVR by just 0.25%

By: ameer@trustedteam.com

Skipton Building Society has confirmed it will only increase its standard variable rate by 25 basis points, despite the Bank of England announcing a 50 basis point increase in...

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BoE increases base rate to 5%

By: ameer@trustedteam.com

The Bank of England (BoE) has increased the base rate by 50 basis points to 5% — its 13th consecutive rise. ...

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New instructions highest for four years: TwentyEA

By: ameer@trustedteam.com

Volumes of new instructions in 2023 to date are nearly 4% higher than 2022, and only 6% lower than the pre-pandemic year of 2019. This is according to research...

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Inflation unchanged at 8.7% in May: ONS

By: ameer@trustedteam.com

Consumer prices rose by 8.7% in the year to May, unchanged from the previous month, data from the National Office for Statistics shows, prompting fears of a higher base...

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Property fall throughs down in Q1: House Buyer Bureau

By: ameer@trustedteam.com

The number of property transactions estimated to have collapsed across the UK market has continued to decline during the first quarter of this year, falling to the lowest quarterly...

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Monthly mortgage costs may rise as high as £50 on BoE rate hike: UK Finance   

By: ameer@trustedteam.com

Average variable monthly mortgage payments will rise to just under £50 if the Bank of England lifts the base rate by 50 basis points tomorrow, data from UK Finance...

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Inflation sticks at 8.7% in May, prompts fears of higher rate rise 

By: ameer@trustedteam.com

Consumer prices rose by 8.7% in the year to May, unchanged from the previous month, data from the National Office for Statistics shows, prompting fears of a higher base...

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ONS HPI points to further rebalancing

By: ameer@trustedteam.com

The latest ONS House Price Index, shows that average UK house prices increased by 3.5% in the 12 months to April 2023, down from 4.1% in March 2023. MD of...

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Fall throughs lowest since pre-pandemic boom

By: ameer@trustedteam.com

The number of property transactions estimated to have collapsed across the UK market has continued to decline during the first quarter of this year, falling to the lowest quarterly...

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Stamp duty receipts tumble to £2.4bn: HMRC  

By: ameer@trustedteam.com

Stamp duty tax receipts for April and May came in at £2.4bn, data from HMRC shows, a fall of £1.1bn on the same period a year earlier.    The official...

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