House prices saw the biggest monthly drop since October 2008, with rising borrowing and living costs forcing many to put their dreams of owning a home to a halt. The average UK property price fell by 2.3% in November, in its third consecutive month of decline, according to the latest […]
Coming as no surprise to those who had been eagerly following the Conservative Party leadership contest, Boris Johnson was appointed the party’s new leader last week – and, in turn, the next Prime Minister of the UK. Johnson’s future policy ambitions are paved with questions, particularly when it comes to […]
Political and economic uncertainty have affected the housing market for several months now, but Mark Carney has warned of possible change, that could affect buy to let mortgages in the not-so distant future. Andrew Turner, chief executive at specialist buy to let broker Commercial Trust Limited, argues that the present […]
Prime Minister Theresa May yesterday triggered Article 50 as Britain confirms its request to depart from the EU, but will the latest events have a consequential negative effect on the property market? Will it potentially be positive news for UK property and the country’s economy? Or will it neither bust […]
Recent research has shown that the UK’s upcoming exit from the European Union is causing no small amount of concern in the European property sector. The Emerging Trends Europe report shows an overall downbeat sentiment towards Brexit and its impact on property, although it also shows that some within the […]
After a long time languishing at a record low of 0.5%, and after talk of an increase was cut off by the Brexit vote, the Bank of England base rate has been cut further to just 0.25%. This measure is designed to stimulate the economy, but many are understandably unclear […]
