Base rate reduced by the Bank of England The base rate was reduced to 4.5% this week, marking its lowest level in over 18 months. This development may present more favourable conditions for buyers considering investment opportunities or purchasing a new home. Bank of England's interest rate outlook The Bank of England (BoE), the country's central bank, sets the base interest rate...
Rising Demand, Increased Rents, and Growing Investment Opportunities - Over the past year, the demand for living in London has witnessed a significant surge, resulting in the highest level of net additions since the Brexit referendum. As city dwellers return post-pandemic, the population growth has outpaced the supply of housing, exacerbating the existing undersupply issue. This has created...
The House Price Index is a crucial National Statistic that meticulously tracks the fluctuations in residential property values across England, Scotland, Wales, and Northern Ireland. In this article, we will specifically focus on the London index and unveil intriguing insights into this dynamic market. London has long been recognized as a prime investment opportunity for property buyers. Thus, it...
