Land Registrys Index gives weight to the strengthening Property Market
The Land Registry August HPI was released recently and showed and increase in the average house price by 1.3% annually. The annual increase of 1.3% to set the average house price at £164,654 gives some extra weight to the overall view of a strengthening property...
Bank of England maintians Bank Rate at 0.5%
The Bank of Englands Monetary Policy Committee voted to maintain the official Bank Rate in August at the long term historical low of 0.5%. This low was introduced back in March 2009 and there has been varied speculation at times that this would increase as the economy...
