End Of Year Economic Report

The recent BoE’s summary, from their Agent’s economic reports (referring to October and November) showed an unsurprising weakening in the growth of retail sales, uncertainty relating to Brexit and a subdued housing market with weighed on demand. There was mixed demand from suppliers to the construction sector with some reporting continued growth in demand for [...]

Mix It Up By The Bank Of England

So, the Bank of England’s Monetary Policy Committee (MPC) has made the unanimous (all its members came to the same decision) to raise the Bank Base Rate by 0.25 percentage points, to 0.75%. The Inflation Report states ‘Global developments will affect the UK through their impact on external demand... The tightening in global financial conditions [...]

Waiting For The Right Time

Reports are suggesting that some mortgage market lenders are starting to increase their pricing rates to products which, based on the price of mortgage-backed securities (traded like Stocks) are already prone to change daily. It seems that finding a property, a lender with the right terms, and a mortgage rate to all come together is [...]

Bank Of England Survey

Q1 is through, and the Bank of Englands' Agents’ results summarise a mixed bag from robust growth in goods exports having tightened capacity, improving profit margins and strengthened investment intentions to evidence of financial distress in retail and leisure. The mortgage market has remained highly competitive with activity dominated by remortgaging in anticipation of further [...]