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Economists split on tomorrow's interest rate decision as inflation ...
Sep 18, 2024 · UK inflation was unchanged at 2.2% in August, in line with market expectations but below the Bank of England's forecast of 2.4%, leaving industry experts divided on the future path of Bank Rate.
Two Big Six lenders announce New Year mortgage rate cuts
6 days ago · Halifax and HSBC have become the latest lenders to announce reductions to mortgage rates. Halifax has announced rate cuts of up to 0.35% across its 1.5-year and three-year fixed rate remortgage ...
Broker business set to increase in \\'new normal\\' of 2025 …
Dec 23, 2024 · The body predicts that the share of mortgage business done via intermediaries will continue to grow from from 87% in 2024 to 89% in 2025 and 91% in 2026.
99% mortgages, Budget news & stamp duty hikes: Financial …
Dec 23, 2024 · 99% mortgages, Budget news & stamp duty hikes: Financial Reporter's top 10 stories of 2024. 2024 has been another interesting – and difficult to predict – year for the mortgage market: and we ...
Below-expected inflation paves the way for two interest rate cuts …
Oct 16, 2024 · CPI inflation has fallen from 2.2% in August to 1.7% in September, below the Bank of England's 2% target and below economists' forecasts of 1.9%.
Self-employed mortgage market set to grow by 67% in next five …
Dec 13, 2024 · Lending to self-employed mortgage applicants is set to rise by 67% over the next five years - from £20.9bn in 2023 to £34.8bn by 2029, according to findings from specialist lender Together.
Rates predicted to be higher for longer as inflation rises above 2% ...
Nov 20, 2024 · UK inflation has risen from 1.7% in September to 2.3% in October, primarily driven by higher household energy bills. September marked the first time inflation came in below the Bank of England's 2 ...
Misconduct allegations at financial services firms up by 72%: FCA
Oct 25, 2024 · A new survey of over 1,000 firms by the FCA has found that the number of non-financial misconduct allegations reported has increased by 72% between 2021 and 2023.
Equity release market sees consecutive quarterly growth for first …
Oct 23, 2024 · Equity release market sees consecutive quarterly growth for first time since mini-Budget. Q3 saw an 8% quarterly rise in existing customers taking further advances to extend their loans.