Bank of England rate-setters could surprise markets by cutting the base rate by a quarter point to 3.75% from 4% next week, say a range of major banks. Goldman Sachs says a weaker economy, lower inflation forecasts and lower wage rises are among the… The post MPC preview: Surprise rate cut? appeared first on Mortgage Strategy.
The estate agent who handled the rental of the Chancellor’s South London home has taken the blame for the failure to secure a selective license for the property while she lives in Number 11. Estate agents Harvey & Wheeler claimed responsibility for the “oversight”… The post Estate agent takes blame for Chancellor’s rent rule breach appeared first on Mortgage Strategy.
This week’s top headlines: The Renter’s Rights Bill becomes law and the Chancellor avoids probe after breaking rent licence rules Explore these and other major industry updates below: Renter’s Rights Bill becomes law as landlords call for six-month’s grace The Renters’ Rights Bill has… The post Mortgage Strategy’s Top 10 Stories: 27 Oct to 31 Oct appeared first on Mortgage Strategy.
InterBay has cut commercial mortgage rates by up to 50 basis points, while Santander will be trimming some residential deals on Monday. InterBay, which is part of OSB Group, has reduced prices within its semi-commercial range by up to 50 bps so that these now… The post InterBay and Santander cut rates appeared first on Mortgage Strategy.
Almost 82% of mortgage brokers believe the Bank of England should cut the base rate next week, a survey by HSBC has shown. In its most recent Broker Barometer, the bank found that 41% of advisers believe the base rate should drop by 25 basis… The post Nearly 82% of brokers call for base rate cut: HSBC survey appeared first on Mortgage Strategy.
