by Julie Hanson | 24 Oct 2016 | Finance, Property News
Having a bad credit rating is often the source of further financial problems. You have limited financing options when your credit history is less than spotless. You also have to deal with higher interest rates and other premiums due to your increased risk factor. One...
by Julie Hanson | 4 Aug 2016 | Property News
The Bank of England has announced a cut in interest rates from 0.5% to 0.25%. This is a record low and the first cut since 2009. The Bank of England Governor, Mark Carney indicated that there could be a further cut if the economy worsens. Generally...
by Julie Hanson | 30 Mar 2016 | Property News
Larger landlords with four or more properties in their portfolio should be subject to tougher underwriting standards, the Bank of England’s Prudential Regulation Authority (PRA) has advised. The PRA claims that without further constraints, lenders expect a...
by Julie Hanson | 2 Mar 2016 | Mortgages
The possibility of Brexit is fuelling a surge in mortgage enquiries, reveals deVere Mortgages. The observation from the mortgage division of deVere Group, one of the world’s largest independent financial advisory organisation, comes as both sides of the debate...
by Julie Hanson | 3 Aug 2015 | Student
For the first time since 2007, interest rates are set to rise in the United Kingdom. This is something which an investor has not had to worry about in a while. However, they are going to have to start. A rise in interest rates is going to have an impact on your...
by Julie Hanson | 8 May 2014 | Finance
The Bank of England today announced that its Monetary Policy Committee had voted to maintain the UK Interest rates at 0.5% for yet another month. The MPC also voted to keep the size of the asset purchase programme, known as quantitative easing, at the same size...
