Interest Rates

On Thursday, 4th August 2016 the Bank of England lowered the base rate to 0.25%, this is a record low level and the first change since 2009.  This is in response to the economic forecast for the latter parts of 2016 being in a negative position.  The Bank said “growth will fall dramatically, announcing the….

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Mortgage Market Review

The mortgage market review is the most important piece of mortgage legislation to be released in a decade. In the past, people have been able to take out mortgages that they clearly could not afford. On 26th April 2014, new rules were implemented to try and ensure this doesn’t happen. The new rules only apply….

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